Corn Long. The corn market is maintaining a clear upward trend. For many, the analysis of the rise in price when looking at the chart of the last 2-3 years may seem crazy, but an experienced investor, an analyst looks at more complex data. Looking at the longer history, we can see that the price of the corn contract on the CBOT was at much higher levels. Due to the growing problems in growing areas and Covid19, we may encounter new levels of trade next year.
Charts and table sources: WebTrader, Barchart