July 2012 corn futures are currently trading about $1 below the peak reached in August 2011, but $1.40 above the low reached a month ago. December 2012 futures are trading $1.50 above the low of June 15, 2012 and within $0.15 of the high reached on August 31, 2011.

Continue reading at: Considerable Uncertainty About Both Corn Supply and Demand