Selling appears to have slowed in the corn trade for now, but the market lacks any catalysts in our view to encouraging buyers to step back in. Midterm election day, finally here, we can be thankful political campaign ads will be disappearing, but also thankful we have a right to cast our vote. Elsewhere, we are watching the corn trade now that December has breached that psychological 450 level.
Bar chart shows that the average close on December corn for the month of October was $4.76. It shows how far this market has fallen, especially in the second half of October.
Audio Reporting by Mark Oppold for Southeast AgNet.
Sponsored Content
Sponsored Content