Consider buying a call option on December corn futures.
See on the daily bar chart for December corn futures that prices have been beaten down hard in recent months. Technicals remain overall bearish for corn, but it’s still my bias that a market low is in place. The overall supply and demand fundamentals in the corn market are not bearish. Consider buying a call option on December corn futures, with an upside price objective of $5.50, or above. The option expires in late November.
