Corn prices posted a new contract high at $6.01. That keeps the uptrend intact but we did turn around and closed lower on the day. Today’s trade offers both bullish and bearish signals. Bullish in that we’ve established a new contract high. Bearish that we reverse and closed lower on the day. The corn market has had pullbacks and corrections about every two weeks on average over the past 3 months and it is possible we could see another correction here in the near-term but we believe that if we did have a correction, it would be in the midst of a longer-term up trending market.