Grain Market Update: Where are Corn and Soybean Prices Headed?

Michelle: Let's talk about corn specifically. We popped above the 200-day moving average yesterday. I think we're trading back below it here this morning. You bring up a good point about corn because export demand has been on record pace. Demand in general has been good, but not enough. It's not good enough to overcome these big supplies. We're stuck price-wise, aren't we?That's a bullish level. There is some concern out there. Not that the US is going to run out of corn anytime soon, but available supplies ...