.... You know these January crop reports - If the market sells off before the figure, It'll be limit up after it and vice versa.
They exist to confound at all avenues, with prices gravitating to the price hurtful to the most people.
Such is the process of price discovery in an uncertain market.
I believe that the energy complex needs to break down before there is any kind of general sell-off in commodities across the board. No sign of that at present, with all this talk of crude going to $110 etc.