Corn prices for the third day in a row did not post a new high, a lower high for the third day in a row is starting to hint at maybe a downtrend developing in the short term.

At this time, it just looks like somewhat of a correction because the long-term trend is up and in fact the intermediate term trend is up as well. The slightly lower future market may be just indicating a correction, we will see if the 10 and 20 day moving average hold over the next few days