December Corn: 3.66 in 2019 or 4.30 in 2024? Supply-elasticity forces are playing out as corn probes for a low-price cure, but risk vs. reward may have started tilting toward responsive buyers. This year's crop is a record, so the December 2024 future expiration at 4.30 a bushel is a likely ceiling. Around 3.60 is a potential floor Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t1joc8gq1z33 {BI COMD} #corn #grains #food #agriculture @BBGIntelligence(Mike McGlone)