From the desk of Steve Strazza @Sstrazza and Ian Culley @IanCulley
Similar to last week, many areas of the Commodity space continue to chop sideways below overhead supply.
Healthy digestion of recent gains makes total sense given the explosive moves since last summer and in many cases is much needed.
Given that sideways price action is the main theme across Commodities at the moment, one particular consolidation stood out this past week.
And that consolidation is in the Corn market.