Below is a daily chart portraying the trade action for the DEC16WMAZ contract over the past couple of months. The contract price has shown good strength over the past week as it bounced R283 since it made its low on Aug 11th. Supports remains steady currently as imports of white and yellow corn have slowed vs expectation over the past couple of weeks as well as Chicago corn prices which surprisingly rallied higher since the release of record crop figures on Friday
DEC16WMAZ Graph
on 23 August , 2016
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