The story of the corn futures market recently could be titled, “Into Thin Air.” That’s a good thing because rarely have corn prices ever been so high so early in the season, as seen on the monthly continuation chart for nearby futures. However, history also shows that corn prices this high generally do not stay that way for very long. During the month of April, nearby corn futures prices appreciated a whopping $1.74 3/4 a bushel. The cash corn market will continue to lead futures prices for in the near term. Stay tuned! Jim