March Corn Is Popping Higher. 1 Trade to Make Here.

Core Viewpoint - March corn futures are presenting a buying opportunity due to recent price strength and seasonal bullish trends in the corn market [1][2]. Group 1: Price Movement and Technical Analysis - March corn futures have rebounded strongly from a solid support area, indicating fresh technical strength for bulls [1]. - A breakout above the chart resistance level of $4.48 would empower bulls further and create a buying opportunity, with an upside price objective of $4.75 or higher [2]. - Technical support is identified at this week's low of $4.36 ¼, where protective sell stops can be placed [2]. Group 2: Fundamental Factors - The corn futures market is supported by strong U.S. export sales numbers in recent months, alongside solid domestic demand for corn [2].