Corn Price Analysis Expected Scenario Corn price declined strongly yesterday to approach the waited target at 461.90$, being aware that it is important to monitor the price at this level, as breaking it represents the key to extend the bearish wave to reach 449.20$ areas as a next main station. Holding below 474.70$ is important to the continuation of the expected decline, as breaching it will push the price to recover again and open the way to head towards 490.40$ as a next main station. Expected Trading Range Between 455.00$ support and 470.00$ resistance.

Trend Forecast: Bearish