Below is a 4hr candle stick chart portraying the trade action for the DEC16CORN contract traded in Chicago.  Corn prices tested resistance at $3.58 for a second consecutive time but was unable to break through to the upside yesterday afternoon.  Prices dropped sharply off on the back of a stronger Dollar, after the ECB left rates UNCH, and a record corn production forecast keeps weighing on traders’ minds.  With a move lower we could see support at $3.46 as shown in the graph below.