As sugar has now maked it's way back to long term lows, I'm looking for it to set up a reversal pattern in the next month or so. With friday's low of 10.69, it doesn't have far to go to reach the previous bottom low of 10.13.
For corn, the plantings of late have been behind. But with the high pressure building up over the midwest, I think that we will see plantings start taking off. Looking forward to shorting it as the plantings increase. Also keeping an eye on sales.
What are your thoughts on the dry southwestern? Seems like a year where corn need every acre and even areas with small production are going to be important?