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The May 2026 cotton contract broke above a descending channel, with bulls targeting 55.38 and resistance at 66.75. May corn struggled to hold upward momentum below $4.50 resistance and is holding near its 100-day moving average.
Corn's near-term direction hinges on whether the 100-day average holds, with energy and ethanol margins providing underlying support against producer hedging near $4.50.
arfb.comMar 4, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
