July Corn Chart

Corn prices have eased off of the highs that were posted early Tuesday morning at $6.84. If the U.S. farmers can get the crop planted and we do get some rain, that could promote this market slipping a little bit lower. We’re not looking for a major collapse but after a run-up like we’ve seen we could see an additional pullback. Something in the lower $6 range can’t be ruled out as we move through the next week if the forecast is favorable.