Corn takes a breather from its big June run (up 27%), but a once-in-a-generation drought continues to bear down on the Midwest. A drought map shows the brutal conditions - originally centered on Indiana - making their way into Illinois and even Iowa. [View news story]
When your barber tells you that corn prices are rallying and you should jump on board, it's time to sell. I expect corn to take reverse direction tomorrow after both reports are officially released.
Corn takes a breather from its big June run (up 27%), but a once-in-a-generation drought continues to bear down on the Midwest. A drought map shows the brutal conditions - originally centered on Indiana - making their way into Illinois and even Iowa. [View news story]