Jerry Gulke DTN Columnist
Mon Apr 14, 2014 12:03 PM CDT

The market had an initial bullish reaction to a friendly USDA report last week and then relaxed to take a pause to either refresh or as profit-taking took over. One has to remember that the recent rallies in grains began in early December (see previous columns on that issue), traded sideways and even made a new low in corn, before beginning the higher trend in earnest in January. A bull market needs to eat every day and it seems to be getting fed accordingly whether it is weather, better demand as seen by the big increase in corn exports, or ...

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