Corn prices made a new low for the move today, that was this morning when crude oil was seeing some significant losses.

December corn moved down to 5.66 per bushel but corn reversed and closed higher on the day at 5.85, that’s 19 cents above the daily low.

Not a key reversal since we didn’t take out yesterday’s high, but it was a reversal.

It may be the first small hint that this market is finding some bottoming action.