The possibility of an early frost has been rippling through headlines and stories since the summer. Those bullish sentiments giving some producers hope corn prices still have room to creep higher.
The bears have lead the market since the August USDA report. After corn saw a weather rally this year, the market has seen a retracement of more than $1.
With the possibility of a frost, yet a global demand pictures that’s currently bleak, are corn prices too low?