Corn prices have been very choppy, going back to the month of June we fell sharply, rallied, fell sharply, rallied, fell again, rallied last week into Friday, and now we are setting back again.

Bottom line is we are carving out a range between 5.60-6.60.

Friday’s disappointing close with lower prices yesterday and today does have the chart turning downward in the short term. Technical indicators have turned lower as well.