2
Corn prices broke through the $434.30 mark yesterday, closing above it and effectively invalidating the previously suggested negative outlook. This movement suggests a shift towards a more positive trajectory, with the next target set at $445.40.
Given this development, a bullish sentiment is anticipated for today, provided that prices remain above the $434.30 level.
The expected trading range for today is between $434.00 in support and $445.00 in resistance.
Related topic:
How Much Is One Corn Futures Contract 2024?