Corn Long. Yesterday’s massive decline in a large part of the markets also knocked down the price of markets that are not directly related to stock indices. According to analysts, the market has been artificially weakened due to the transfer of investment capital. However, ethanol production has not stopped and continues, including its consumption. Capital Analysis publishes an analysis assuming a renewed rise in the price of corn. The market is moving along the trend line for technicians and the development until the end of this week will be important for him.
Chart and Table source: WebTrader