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Technical Analysis #C-CORN : 2016-02-05

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Corn rises on import demand expectations Corn prices rose on expectations of higher import demand due to a drought in South Africa, while Russia was considering limiting grain exports. At the same time exports from South America continued to grow with crop outlook uncertain due to dry weather conditions. Will the price of corn continue rising? According to Commodity Futures Trading Commission data last week speculators turned bullish toward agricultural commodities for the first time in the new

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