🚨 Corn Futures (ZCK26)
📍 Price: 455.75 (-1.35%)
After a strong March rally (tall green candles off the Feb low), today’s red candle shows mild profit-taking.
Moving Averages
✅ Above 20 (441-1) & 50-period (430-2) → short-term bullish structure intact
❌ Well below 200-period (502-6, still declining) → long-term downtrend pressure remains
Bottom Line
Short-term bulls are in control above the 20 but the big 200MA overhead could bring in sellers.
Break below 430 flips it bearish.
🌽 What’s your take — continuation higher or retest 430?
Learn more:
https://www.grainreport.klarenbach.ca/

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