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| Corn Seasonality
Usually referring to seasonality, we look at all of history. Which would suggest corn typically doesn’t bottom until after a good chunk of harvest is out of the way. Late September to early October.
However, the past 5 years have painted a different story.
For the past 5 years on average we have bottomed in August.
But something to also keep in mind is that the past 5 years were bull market years in general. Where we had less supply than we do this year.
We will have a lot of supply entering the markets here the next month or so. So a major rally will be hard to sustain, but that doesn’t necessarily mean we can’t find a bottom.
Which path will this year follow?
 (IMG_6105 (full).png)
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Corn seasonality
