Prepare for Corn Futures Prices Under $3/Bushel

By Cory Walters and Jessica Groskopf, Farm Progress

The market rally after the June 30 USDA acreage report has come and gone. So, now what?

The period of late July into early August, when the crop size is becoming clearer, occurs when the December corn futures price starts to take a direction, up or down. In most years, prices will tip slightly down as crop size and use end up around what was expected.