5
Corn prices have shown strong positive movement recently, breaking the $400.00 barrier. The next key target is $405.20, which, if surpassed, could lead to further gains reaching up to $416.30. The EMA50 indicator supports the continuation of this bullish trend. However, a drop below $398.50 could reverse the rally, introducing negative pressure.
Today’s trading range is expected to be between $395.00 support and $407.00 resistance.
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Who Initiates Delivery In A Corn Futures Contract?