Commodities
Corn Prices Under Pressure Amid Shifts in Supply and Demand
Corn futures have taken a hit on Thursday, with front-month contracts falling between 3 to 4.25 cents and deferred contracts dropping up to 8.25 cents.
The CmdtyView national average cash corn price decreased by 3 cents to $4.82, indicating weakness in the physical market.
Despite this decline, technical indicators remain bullish for corn, with prices expected to range between $533.27 and $545.23 over the next two to three sessions.