Corn Corn Corn 🌽🌽🌽This is my plan for corn. It is being orientated mainly on seasonality. That means:
I expect the price to drop a bit further or to go sideways during this summer.
According to seasonality, the low should occur around September.
Then the corn price should rise again according to typical seasonal patterns.
IF the FED keeps increasing the interest rates, the dollar's value will increase, and the price of corn shouldn't get so high.
IF the FED stops increasing the interest rates, the price of corn gets an inflation bonus on top.
I expect a food shortage to come up at the end of this year or next year, maybe because of the lack of fertilizer, infrastructural problems, or something else.
