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Corn futures sell off


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  #1 (permalink)
 
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 blackgrey45 
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Hey, does anybody trade corn futures? Seems like this grain is in a bear market. What does the supply and demand situation look like for corn?


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  #2 (permalink)
 tr8er 
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blackgrey45 View Post
Hey, does anybody trade corn futures? Seems like this grain is in a bear market. What does the supply and demand situation look like for corn?


not sure if you can call it a bear market, 3 year ago the price was 1/4 of the current one


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 blackgrey45 
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tr8er View Post
not sure if you can call it a bear market, 3 year ago the price was 1/4 of the current one

Yeah your right I didn't look at the long term weekly chart. However, since the April 2022 high of 701.50 it's down about 34%.

Just wondering what the fundamental of the corn market look like these days, since I don't follow corn too closely.


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  #4 (permalink)
 HardLoan77 
 
Posts: 3 since Jan 2025

Hi,

You were right, how did you analyze it?

I just signed up.

Regards
Thomas


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