Now that we’re no longer in the one of the worst droughts in the paste couple of decades, Corn futures pricing has done nothing but gradually decline, dropping each time another USDA crop report details the most corn planted since the 1930’s.

But at what point does Corn halt this short trend and how low can Corn go? (not to zero).

Hype surrounding the commodity gives off the perception this might be an unprecedented event…

Chart Courtesy: Finviz.com
(Disclaimer: Past performance is not necessarily indicative of future results)

Until we add perspective by looking at the larger picture of Corn dating back to 2009…  and see the 442 doesn’t even hold a candle to the 333 low back in 2009.

Chart Courtesy: Finviz.com
(Disclaimer: Past performance is not necessarily indicative of future results)

If you’re curious as to what manages we recommend that are currently in short corn positions, they include Global AG, Clarke, and Integrated.