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On May 31, the analysts of Economies.com have the latest views today: CBOT corn fell significantly yesterday, breaking below 555.90 and staying below it, which stopped the previous bullish expectations and pushed the price back into the main bearish trend. The first target was 542.00, followed by 526.10. The price is below the EMA50 and more declines are expected in the coming sessions, but a renewed breakout of 555.90 will push the price back to the uptrend with a target of 574.30. Today’s trading range is expected to be between 535.00-556.00.
