NEWS
Fundamentally Speaking
Tue Sep 24, 2013 10:18 AM CDT

There has been a lot of discussion about the timing of the low in December corn as to what level and when.

Through September 23, the contract low has been $4.46 that was established August 12 but ideas that 2013 U.S. corn production estimates will move higher has many in the trade looking for another 25-50 cents of downside.

The accompanying graphic shows the low in December corn as a percent of the yearly average and high price with the 26-year average for both.

The period covered is 1986 to 2012 from January 1 to ...

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