- Technical: in a range between 340 - 360, in the middle of the BB -CoT: Commercial reduced there Longs a bit, thus fabvouring rising prices - seasonal trend: neutral until February, than March rally - Fundamental: high demand, but also ample suppy. This will favour the range for the next month
Summary: will wait for USDA report on Friday. Then probably will sell OTM Puts on May Corn, at around 330.