(CORN) Teucrium Corn Fund - Ratings and Ratios

The Teucrium Corn Fund (NYSE ARCA:CORN) is a commodity-focused ETF designed to track the performance of corn futures contracts. The funds benchmark is a weighted average of the closing settlement prices for three Chicago Board of Trade (CBOT) corn futures contracts, targeting exposure to corn price movements. Under normal market conditions, the fund invests 100% of its assets in benchmark component futures contracts and cash or cash equivalents. By focusing on these contracts, the fund aims to provide returns that align with changes in corn prices.

Based on the provided data, here is a 3-month forecast for CORN:

- Price Outlook: With the SMA 20 (~19.87) above the current price (~18.65) and the SMA 50 (~19.48) also above, the fund may face near-term resistance. The ATR (~0.31) indicates moderate volatility, suggesting price fluctuations within a narrow range. - Volume Trends: Average daily volume (~126,111 shares) is stable, indicating consistent liquidity but not significant inflows or outflows. - Support Levels: The SMA 200 (~18.65) aligns with the current price, suggesting potential support at this level.

- AUM (~$63.81M): The funds assets under management are moderate, reflecting steady investor interest in corn exposure. - Market Conditions: Weather patterns, U.S. Department of Agriculture (USDA) reports, and global demand for corn will likely influence futures prices and, by extension, the funds performance.

Over the next three months, CORN is expected to trade sideways to slightly lower, with potential downside driven by bearish futures pricing and upside limited by resistance at the SMA 20 and SMA 50 levels. Fundamentals such as weather-related supply disruptions or changes in ethanol demand could shift the outlook.