date:Nov 04, 2015
near that of last year.
March 2016 corn futures have traded in a sideways pattern, with a range of about $0.95 over the past year, about $0.40 over the past four months, and about $0.15 over the past three weeks. The current price is near the low end of that range. A broad sideways price pattern is expected to continue through the winter months. A test of the high side of the price range will likely require a threat on the supply side, either in South America this year or the U.S. next year.