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Bloomberg analysis describes corn as a bear market that has bounced, with resistance near $5 a bushel after the 2025 high of $5.04 on February 19. Open interest hit a record and hedge fund net longs spiked before the decline.
A technical view of a downtrend with resistance near $5 suggests corn feed costs are more likely to stay subdued than rally unless the growing season turns poor.
bloomberg.commkaczmarskiMay 6, 2025Not 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.
