date:Dec 26, 2012
Pressure on the corn market is coming in part from spillover selling from the soybean market.
The March corn futures is testing chart support at $7.18 and the next level of support is near $6.80.
The forecast for a significant winter storm moving through the Midwest later this week bringing snow to the region has contributed to the pressure on prices so far this week. The March contract was recently at $7.19 .
Soybean prices are a5 to 20 cents lower early Tuesday morning. Weather conditions a