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Corn prices have fallen about 54% over four years of good growing weather, and the current decline is among the largest on record. Analyst Todd Hultman says corn could fall further in 2017 even though a normal growing season is expected.
Persistent oversupply and a long bear market keep corn prices low, which reduces feed grain costs for livestock buyers. A poor 2017 growing season would be the main upside risk.
dtnpf.comTodd HultmanNov 23, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
