May Options expire tomorrow for Corn, with eyes on the $8 level. The Spring planting season is on the horizon, affecting the Dec 22 contract. It is worth noting that the pullback in Dec 22 is welcomed, as it has rallied uninterrupted until today.
Soybeans are itching to make new contract highs around 17.59 in the May Contract. It's important to keep an eye on the the contracts further down the line (think Dec 24') as traders look to capitalize on different crop seasons.
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