Corn Rallies Before Crop Report
By Kristina Zurla Landgraf • Jun 2nd, 2008 • Category: Broker Commentary, Market UpdatesCorn futures are in rally mode ahead of this afternoon’s USDA crop progress report, with July last trading at $6.13 a bushel. Soggy weather is expected to result in more planting delays. Lind Plus Senior Market Strategist Phil Streible recommends buying calls on expectations of further gains. Here’s his proposed strategy.
