May corn futures went off the board Friday limit higher in a short squeeze play. U.S. Commodities President Don Roose says the May corn contract pulled everything with it. “Bull spreads work with up-front contracts lead the charge.” Weather will become a greater focus as we move farther into May. “The planting progress should be high and we’re watching to see what happens in Brazil with pollination at 50 percent there,” said Roose. “We also edging closer to the May 12 (supply/demand) report, which will be a big highlight for demand.”
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