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Corn prices have recently exceeded the $416.30 mark, indicating a strong attempt to maintain this level and initiate further bullish momentum in the coming sessions. Analysts predict that the next target for this upward movement is the $425.30 range.
In the short term, further increases are anticipated, although a drop below $416.30 could halt this positive trend and trigger a decline in prices.
Today’s expected trading range for corn is set between a support level of $410.00 and a resistance level at $425.30.
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What Is The Symbol For Corn Futures?