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Corn Direction
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Iowegian
Posted 1/5/2017 20:46 (#5747310)
Subject: Corn Direction


I have been looking at some continuous corn charts tonight and noticed that the high price for the past two years (2014 and 2015) was made around Jan 5th for each of those years.

Barring a corn belt wide drought which in my mind is a losing proposition to bet on, what would make corn go higher this year than the prior two given that the ending reserves are higher this year than the past two years?

Thinking about making some early new crop sales.
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