# Where's This Corn Market Going?

> Corn futures in December traded near $3.46 per bushel as US harvest reached 54% complete, with farmers weighing cash sales, storage or hedging new-crop. Analysts debate whether the seasonal low is in, with trendline support cited at $3.34.

- Date: 2017-10-31 · published 2017-10-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68483-where-s-this-corn-market-going
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Harvest selling pressure and a carry in the futures curve shape farmers' marketing decisions and feed corn availability; a break of support could push prices lower.

## Read by commodity

- CORN: neutral

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/wheres-this-corn-market-going

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.