Corn Sellers: Do you remember that sinking feeling you had on March 28 when USDA released its quarterly Grain Stocks Report that showed larger-than-expected stocks and corn futures closed limit lower? Before the reports’ release that day, July CME Group corn futures were trading around $7.15/bu (Figure 1). They closed the day locked limit lower at $6.76/bu. The next week, July futures had worked down to lows around $6.17/bu and, after a brief short covering rally, found new lows at $6.14/bu in the third week of April. So, in about a one week time period, corn price dropped about $1/bu, leaving many with unpriced old crop bushels and few sales made for the 2013 new crop.