Commodities
Corn Futures Trade Near Session High Amid Mixed Momentum
Corn futures have been trading at US$532.12 after experiencing a modest gain and finishing near their session high, despite low volatility.
The price remains above its key short-term moving averages but below medium-term trend indicators, which suggests mixed momentum in the market.
A 59% probability of a downward move has been predicted if support fails, with a trading range expected to be between US$528.37 and US$535.87 over the next two to three sessions.