Uncertainty in the market and overall economy have investors on the sidelines in a number of categories, and concerning corn futures it's no different.
Most trading in commodities at this time aren't related to underlying fundamentals, rather they're connected to the overall economy and the wait for what the eventual bailout will entail.
As of now, it has been reported today that the House and Senate have a bipartisan agreement in principal, worth near the expected $700 billion is suggested is needed to "fix" the financial sector.
Still, investors are waiting on the sidelines until, and if, the agreement is made law.
Corn futures dropped on Thursday by 5 cents to close the day at $5.58 a bushel for December delivery on the Chicago Board of Trade (CBOT).
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