I am watching the narrow trading range in corn so far this month. Month to date, the trading range is just 11 cents. I know that we still have two weeks to go. If this 11- cent trading range holds through the end of April, then it shows how flat the corn market is. You have to go back to November 2017 when prices bottomed and the trading range for the month was 17 cents. The last time corn prices had just an 11-cent trading range for the month was November 2005… right when prices put in a major low.
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