I think Jon Bon Jovi and Richie Sambora said it best back in 1986 on their hit single “Wanted Dead or Alive”. If you remember the famous lyrics, “Its all the same. Only the names will change…” could easily be applied to todays corn market. The headlines change but prices seem to remain the same. Below is a graphic we ran back at the beginning of the month and very little has changed. Also if you look at the “fall average price” for corn we remain just under $3.50 per bushel. Bottom-line, we’ve been stuck in a trading range since mid-summer and it doesn’t appear as if we will be breaking out any time soon.

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