Corn with green husk via Say-Cheese via iStock

Does Corn Need More Time Before Moving Higher?

Trent Klarenbach Klarenbach Research Sun Apr 27, 4:56PM CDT
Corn with green husk via Say-Cheese via iStock

Corn appears to require more time before it will move higher given the declining 50-day Moving Average.

 The 20-DMA trades below the 50-DMA, supporting this idea.

Once the 50-DMA begins rising, we can strengthen our bullish conviction.

Trent Klarenbach, BSA AgEc, publishes the Klarenbach Grain Report and the Klarenbach Special Crops Report.

                                                                                                                                                                                                                                                                                                                                                                                                                                 

Klarenbach Research

                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

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