The corn market is in a free fall, we have fallen $1.38 in a 2-week time frame and prices now are below the level that they were at when Russia invaded Ukraine.

Technical indicators are extremely oversold and as we mentioned that doesn’t mean we found the bottom, but it does tell us that this market is in position to have a sharp up move if we got a little bit of friendly news.

Next week could be an extremely volatile week for corn prices.