The combination of larger farms and higher yields has created an exponential growth in the volume of corn and soybean production for many farms.
I estimate that close to 1 billion bushels of corn are still out in the field.
Commodity trader Al Kluis breaks down the history of markets during election years and how you can use it for 2020.
Trading commodities since 1974, Al Kluis shares changes he's observed along the way.
Al Kluis breaks down corn and soybean revenues, while pointing out three factors leading to the revenue collapse.
For June and July 2019, watch the weeks of June 14, June 21, and July 12 for a possible high. In the last three years, holding corn until late July and August has been a huge marketing mistake.