Is Now the Time to Make Sales or Hold?

Typically, there is not much of a decision to be made in mid-October, as prices are near their lows. Yet, with a recent 10% price recovery for corn and soybeans, this could be a selling opportunity.

Corn Market Looks for a Low

The USDA’s latest report surprised the market with an estimated corn yield of 181 bushels an acre. Since the report, corn futures have dropped well over 20¢.