In early evening trading, corn has already risen to 2/3 of the entire daily lock limit amount. Note in the left chart (daily) that corn has already broken out above the Bollinger Bands, an powerful indication of new uptrend. It is higher 6 of the past 7 days. Note also that tonight, corn opened nearly 20 cents higher, and has moved only higher since then.Interestingly, both soybeans and wheat are also higher this evening by about the same amount -- 20 cents. However, only corn is within easy striking distance of reaching the lock limit price.
