date:Nov 04, 2015
The corn market was relatively uneventful during the first two months of the 2015-16 marketing year. There were no large supply surprises and known consumption was somewhat lackluster. As a result, corn prices traded in a choppy, but mostly sideways pattern.
While market expectations about the magnitude of the U.S. average corn yield and size of the crop have varied over the past three months, USDA forecasts have been very stable. The USDAs 2015 yield forecast has changed very little from the i