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NW Indiana | 2007-10.66 November 14th(last day)
2008-16.355 July 3rd
2009-10.99 June 11th
2010-13.35 November 9th
2011-14.65 August 31
2012-17.89 September 4th
2013-14.09 August 27th
2014-12.79 May 22nd
2015-10.45 July 14th
2016-11.8625 June 13th
2017-10.47 July 11th
2018-10.605 May 29th
Although recently the highs have still been may-july, 4/5 years(exclude 2016) a guy would have done very well selling in December of the previous year.
All the points provided are where my thesis has come of a December high this year in soybeans if a trade deal is done. Facts are physical demand that time of the year is huge combined with lack of farmer selling. Going off the corn post you can see why I say a high might happen in june on a summer spike but also I think late in the year is possible based on a trade deal. Seasonals are much more reliable than any other form of guessing where price is going that we have. I haven't just pulled my guesses from thin air. | |
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Facts about corn price
