CME CBOT: ZC - Corn Futures Price Forecast - critical price, $ 3.79 - Commodity Trading Today
The grain market is not moving for a long time. Recently, corn prices have been skyrocketing after plummeting. The critical price line is $ 3.79. If it rises strongly over the $ 3.79 line, it will have important implications.
It is unlikely that the grain market is ready to rise yet. Soybeans and wheat are weaker. The grains are under strong resistance lines. It seems too early to enter the market yet. However, they need to be watched with interest.
[Corn price weekly chart, CME CBOT: ZC]
It is unlikely that the grain market is ready to rise yet. Soybeans and wheat are weaker. The grains are under strong resistance lines. It seems too early to enter the market yet. However, they need to be watched with interest.
[Corn price weekly chart, CME CBOT: ZC]