For the week, March corn was 3¼ cents lower and December ... was also accompanied by the March contract closing below long-term chart support of $12. So why didn’t that area hold?
At the beginning of every month, I put together long-term analysis of a variety of monthly charts for investors ... long-term ...
Perhaps that is why so few do it. The corn and soybean long-term price charts are cases in point. Soybeans: Note point “A” corresponds to the price finally exceeding $12.00 to start January ...
Corn prices started a long-term bearish cycle in April 2022 - breaking previous lows after key bounces. Another bounce has emerged from the August 2024 low. Unless the bounce makes a double correction ...
If the recent tariff-fueled selloff in Chicago corn futures felt extreme, that’s because it was, especially given the season.
As prices declined to production cost due to the bumper crop harvest in the US and South America's significant corn crop ...