USDA acreage report whipsaws speculators in corn, who were forced flat by dry weather in June
Corn selloff accelerated by seasonal bias, new speculator shorting, and producer selling
Risk premium still present in most commodity prices

Additional supply suggests corn still has room lower

Volatility already increased from weather

Risk likely to linger on further

Save the date for our next webinar!

Wheat Market Update webinar with Eric Thornton
Wednesday, July 19, 11 am PT / 2 pm ET
Registration opens June 10 at mckeany-flavell.com

Host: Kevin Combs, Vice President – Global Sweeteners Specialist
Expert: Shawn Bingham, Director of Risk Management