There are really no adjectives to completely describe the organic corn market.  Activity is slow. It’s slow, not because there are no buyers who need to purchase in the future or sellers who want to unload their bins.

The activity is slow as the battle of greed and fear unfolds during the balance of the marketing year. Unfortunately, this game of chicken is likely to bring additional volatility to the organic corn market as the price resolves itself.

It’s hard to buy any real size of organic corn in the Midwest for less than $10 per bushel, but with rail and trucking rates remaining elevated, logistic arbitrage traders need to purchase organic corn closer to $9 per bushel to make the prices on the East and West…