Corn's 3.25-5 Cage Mirrors 40-80 Crude - Corn and crude oil share high and rising supply elasticity, and both may be nearing low-price cure nadirs after the 2022 spikes. The front corn future at 3.89 a bushel on Aug. 1 remains in a downtrend from the peak just above 8 upon Russia's invasion of Ukraine, and 2025 is shaping up as another Corn Belt bin buster. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t03vmqgpfhn0 {BI COMD} #corn #crudeoil #commodities @BBGIntelligence(Mike McGlone)