Corn Trying to Regain Street Cred

Along the lines of my recent inflation trade-themed blog posts, the corn fund is breaking a steep downtrend today, highlighted on the daily chart, below.

I am long a starter position here, looking for the soft commodities to attempt to resume their exhilarating first quarter rally.

The softs have been quiet of late, likely keeping retail speculators honest, what with all of the headlines about the coffee draught, etc..

However, the action in sugar, especially, has been inspiring of late.

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