The explosive price action for Dec corn Tuesday Sept 15, based on various freeze forecast that were nearly 10 days out, seems to have exhausted all the buyers in that single day!
There is still time to have another rally but the seasonal frost scare window of time for price advancement is closing fast.
Producers should be very concerned with the seasonal window shutting fast in regards for a frost to do any significant damage to the crop size. Markets have been in a sideways mode for nearly a month. This is likely just building energy for the next major move. Seasonal tendencies would indicate that next move will [...]