Corn Weekly Forecast

This/Next Week Forecast (April 12 – 16, 2021)

Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 585, which will be followed by reaching resistance level 610.
Downtrend scenario
The downtrend may be expected to continue, while market is trading below resistance level 585, which will be followed by reaching support level 551.

Chart Corn Price Forecast 2020, Long-term Outlook, Technical Analysis

previous week forecast

Fundamental Analysis

Difference between supply and demand shows fair price on the level 450.

Corn Futures Market Fundamental Analysis Chart Ending Stocks US With World

Monthly Forecast, April 2021

Uptrend scenario
The uptrend may be expected to continue in case the market rises above resistance level 574, which will be followed by reaching resistance level 620.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 524, which will be followed by moving down to support level 455.

Chart Corn Price Forecast 2020, Long-term Outlook, Technical Analysis

previous month forecast

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