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Corn seasonality
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Mr.Grain
Posted 8/22/2024 20:56 (#10862176)
Subject: Corn seasonality


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?



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