Corn has been in an uptrend for quite a while but it looks like it might be pulling back one more time here before it heads to new yearly highs. It reached a peak yesterday around the 776 mark, with yearly highs at 783.75. It looks like this will be a pullback before the charge forward, possibly even a short term play to the downside. But expect a hard test as it approaches the 717-715 level where we see confluence of two fib retracements. The long term play would be to look for a signal around this area to get in long and ride this to new highs.