AgResource Corn Comment and Analysis
CBOT Corn Fails at Chart Resistance; US Export Demand Lags: Dec CBOT ended weak and remains stuck between $4.67-4.82. The contract’s 20-day moving average has acted as strong resistance as the Midwest harvest expands. Export sales in the week ending Sep 15th were 22 Mil Bu. Total commitments sit at 462 Mil, down 6% year-over-year.…