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SC KS | Chart wise at bottom of channel; expect small bounce at some point. I show $4.60 new resistance for ZCZ24 (then $4.80 and $5.00). It doesn't appear unrealistic that price will eventually get near contract lows of $4.05. Unfortunately price fighting seasonality at this point unless flood can put legs under market with additional weather issues. While correlation to energy is debatable, it is getting cheap vs. crude. If crude/products can sustain rally this will be supportive to corn.
 (agtalk_ZCZ24_Barchart_Interactive_Chart_06_27_2024 (full).png)
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 agtalk_ZCZ24_Barchart_Interactive_Chart_06_27_2024 (full).png (144KB - 123 downloads)
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corn chart
