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Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Thu Jan 23, 2014 02:46 PM CST

Outside of a couple of short-lived splashes, the March corn contract has not strayed outside of its trading range between $4.20 and $4.40 since early November 2013. There was the wave higher following the release of USDA's November supply and demand reports before the waters calmed again. Then came the fall over a few rocks leading up to the January 2014 round of government numbers, before bobbing back to the surface and continuing on its merry way. Thursday's close of $4.29 finds the March contract comfortably floating near midrange.

Not much is expected to change in the near future. Daily ...

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