Corn Futures I believe have hit bottom. I know it's the most boring contract out there to trade, but it looks like its turning around from its low and going back up now. I think we will easily go back to $3.50 by the time the july contract expires.
Don't know if hilmy83 was eating fresh Corn (picked that same day) or store bought corn sitting on a grocery shelf for several days... Fresh Corn has a much better taste and is sweet due to the high sugar level and low starch. Fresh Corn also contains more juice sort'uv speak...less dehydration. Simply, putting salt on Corn is countering that sweet taste but I've seen such commonly done in other ethnicity / country regions. Here, we tend to put a little maple on fresh Corn and the other part of a meal (e.g. lobster) will have the butter. Butter leaves a long lasting taste in the mouth. Thus, when then eating corn...you essentially getting that butter on the Corn. Salt...very bad on fresh Corn...it kills the natural sweet taste of Corn. P.S. I once saw a guy in a breakfast restaurant put salt on his butter pancakes. WTF ? wrbtrader
I've seen such with people at Zoos and outdoor events from street concession stands. Had it once...never again. Also, there's two grocery stores near me. One, put their live lobsters in fresh water. You then tell the guy / gal which one you want. Another store, keeps their live lobsters in sea water (salt content). The store that stores live lobsters in sea water...lobsters cook better and taste better than the store that keeps their lobsters in fresh water (typically not good for lobsters). My point, yeah, I'm aware of the taste of sweet-and-salty and why some would crave for it. Yet, salt on Corn or Pancakes...not for me. Besides, most butter have a low amount of salt in it. I guess some need that enhance amount of salt taste. In contrast, maybe the same reason why I need an enhance amount of natural sugar via putting a little maple on my vegetables and in sauces (e.g. homemade barbecue sauce). wrbtrader
Zoos and concession stands? Lol, I'm talking about the simple ones you buy at the grocery store. https://www.flipz.com/
I don't go looking for it in grocery store. Actually, off the top of my head, maybe they sell the bag stuff but not those big fresh looking hot ones. Also, the bakeries in my area...they cook all types of bread. Never pretzels. Yet, my kids grandmother cooks homemade big pretzel bites for the kids (teenagers now). I never cared much for the pretzels. She comes over way too much to raid my maple from my maple trees on my property. She's a former Chef. P.S. Astute Corn traders use seasonality. They know what areas of the world that impact corn prices based upon how fresh the corn is (when its picked) and when its into the stores in particular regions. wrbtrader
Indeed, back to the subject at hand...I don't trade corn meself, but if Corn is at a big low as Amun Ra mentioned it could be a key pivot point, since as the world re-opens we will need more corn for feed (livestock) and gasoline additives, as more and more people start consuming and driving again.