Corn Price Analysis Expected Scenario Corn price rallied upwards yesterday to breach 474.70$ level and settles above it, to activate the positive scenario and head towards achieving more gains on the intraday and short-term basis, noting that the next target is located at 490.40$.

Therefore, we are waiting for more expected rise in the upcoming sessions, taking into consideration that failing to consolidate above 474.70$ will stop the bullish wave and push the price to turn to decline.

Expected Trading Range Between the support at 470.00$ and the resistance at 485.00$

Trend Forecast: Bullish