date:Apr 16, 2014
Prices closed near mid-range. Prices were supported on cold, wet weather in the U.S. Corn Belt that is preventing early field work for the farmers. The strong gains in wheat also helped to boost corn today. Corn prices are still in a three-month-old uptrend on the daily bar chart. Corn bulls have the firm overall near-term technical advantage.
Corn bulls' next upside price objective is to push and close prices above solid technical resistance at last weeks high of $5.19. The next downside price