MARKETS NEWS
Darin Newsom DTN Senior Analyst
Sun Jul 21, 2013 11:12 AM CDT

Dec(onstructing) Corn

When the opening bell to the CME Globex overnight session rings Sunday evening (7pm CT), marking the beginning of another week of trade in grains, all eyes will be on the December corn. The talk heading into this weekend was of rain in the extended forecast, moisture that if it happens will come into play later this coming week.

From a DTN 6 Factor point of view, Dec corn is showing a mixture of signals. Let's take the contract apart to see what could happen.

As the top chart shows, the trend (price direction over time) in Dec ...

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