Weekly Winners & Losers
Corn has diverged from its loose correlation with Deere & Co.
Deere is up 3% year-to-date, trading at its highest level since September last year. May corn, on the other hand, is down more than 10% year-to-date.
Nearby winter wheats vs corn (Chicago wheat is clawing its way back post- China cancellations):
Dec 24 corn vs 2014 - 2-year history:
New crop beans continue to have the slightest edge on corn:
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