Reported about 11 hours ago
The recent consensus from industry experts suggests that the corn market may be on the brink of a bullish turn, supported by technical and seasonal analyses. Despite USDA's bearish forecasts, the fundamental data indicates potential for upward movement, especially as funds may begin covering short futures positions. Observations show that the December corn futures are currently at a low price point, adhering to seasonal patterns, and showing signs of stabilized supply-demand dynamics, which could signal a buying opportunity for long-term investors.
Source: YAHOO