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| 2004 rally was because of yield reduction in 2003, especially affecting bean yield because of very dry late season.
2008 was expected lower yields from very wet may and June in NC, and ne iowa and also money chasing commodities because of sub prime problems.
2012 of course was the widespread drought.
2016 was the smallest rally.
2020 was from usda getting 2019 wrong and the director.
Weather problems are the common theme with those years, so if that doesn't happen in 24, don't expect a big rally.
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Election year rally history along with carryout
