December 21 Corn

December 21 Corn - Daily: Corn had all the potential to fail on Friday as the world Financial and Energy markets caved on the latest news on a new Covid Variant. After gapping lower and trading most of the day lower, buyers came in late and gave the Dec21 contract its highest daily close since July…. that seems bullish. Volume was decent/strong for a holiday. Who bought this? Dec/March spread narrowed and commercial end users have had a very strong basis as of late. Maybe some strong commercial interest. Will be interesting to see what Dec 21’ corn does after 1st notice. Remember what Corn did end of April into May when May expired. Big pump, followed by a big dump….. Don’t sit on this. Sell some physical and re own with a call if needed….