NEWS
ADVERTORIAL: Gulke Perspective
Jerry Gulke DTN Columnist
Wed Oct 29, 2014 07:26 AM CDT

It has been an interesting month to say the least. Just about every negative rationale the media CTA's (certified trading advisers) threw at the market calling publicly for, by a couple firms, a soybean price of $7.50. Since October 1 corn has rallied over 40 cents, soybeans over $1.25, and wheat over 70 cents. Technical indicators turned positive in early October and were long (positively biased) going into the Oct 10 USDA report and have since turned positive on a weekly basis with corn only needing a close over $3.67 1/2 in Dec futures to post a monthly key reversal ...

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