Financial analyst Mike McGlone has made some notable observations about commodity trends. According to him, December corn futures saw a significant surge in August, rising by 15.9% - the largest advance for that month since 1980.
This growth puts it alongside other notable rallies near 13%, seen in 2011 and 2003. McGlone suggests that the $4 corn low in 2026 could represent an enduring floor for the commodity.
More on Commodities
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
Navigate
© 2026 Guavy Inc
