AgFuturesTrading.com - Sixth Straight Record Year Influencing Corn Futures
By: Kevin CraneyDecember 27th, 2011 12:33PM CST
South American weather developments continue to support the corn (futures) market. With a lack of rainfall and dryness in key growing regions of South America along with improving U.S. economic data, corn (futures) should continue to rally in the short-term, said Kevin Craney, a senior commodities broker at RJO Futures in Chicago regarding the current corn futures situation.
The trend for corn futures is now up as of today. I am looking to buy long corn futures tomorrow with a rather tight stop in the market.
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Kevin Craney
Senior Commodities Broker
Kevin Craney's career in futures stems from his keen interest in trading and the markets, as well as his background in production agriculture and finance. This knowledge along with a bachelor's degree in Agri-Business from Western Kentucky University have enabled Kevin to understand the hedging needs of agri-producers, to help them manage risk and assist them with their business needs. While completing his MBA at Indiana Wesleyan, Kevin pursued a career in finance in the corporate arena as well .... Read More
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