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NewsSignals AI analysis·Reuters·

CBOT corn may fall to $4.56-3/4

Grade Bbearish AI signal$CORN
CBOT December corn faces further downside after breaking below the $4.61 support level, opening the way toward $4.56-3/4 per bushel. Technical projections point to a lower target range of $4.49-1/4 to $4.52, while support at $4.55 and $4.57-1/4 could trigger a bounce. Corn prices could remain under pressure if support levels fail, but a recovery above $4.61-1/4 may open the way toward $4.64-$4.65-3/4.

Bullish strength: 35/100

  • Support at $4.55 and $4.57-1/4 could trigger a bounce.
  • A break above $4.61-1/4 could open a move toward $4.64-$4.65-3/4.

Bearish strength: 65/100

  • The December corn contract has broken below $4.61 support.
  • Technical projections indicate potential downside toward $4.56-3/4 and $4.49-1/4 to $4.52.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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