FOREX.com by StoneX logo

Corn

Corn chart

Corn market insights

Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.

If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.

Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.

Economic calendar

Corn details

Corn is type of cereal grain traded on the Chicago Mercantile Exchange (CME). The agricultural product is one of the most traded soft commodities, which includes all commodities grown and not mined or extracted.

The United States is the global leader of corn production, followed by China and Brazil. Agricultural commodities like corn are most affected by environmental changes that impact harvests. For example, hot and arid weather across the US can severely impact supply levels. Other factors like rising demand and inventory levels also influence the price of corn.

Spreads
Margins

Commodities explained

What are commodities?

Everything you need to know about popular commodities like gold, oil, coffee and more - including how to trade them.

Why trade commodities?

Gold has historically been a safe haven asset in times of market uncertainty. Learn the benefits of gold and other commodities with our in-depth guide.

How to trade commodity CFDs

Want to know how to trade a commodity like oil using CFDs? This section breaks down every aspect of your first trade.

It's your world. Trade it.