Boy ..  . anytime you can get $7 + dollar corn, I scratch my head and wonder Why Not ?
Could corn go to $8 ? There is just as much chance of corn going to $6 as fast as $8 . . . .
Here cash corn varies from $6.90 - $7.20 or so, depending on elevator. Our basis is still negitive. What's your basis and cash price?
If you are paying attention to the weather systems, out west - the "pineapple express" is lining up some storms that could give us some much needed moisture. That should get traders to move pricing down ?
My opinion, worth what you piad ~