Lows in April, May, June?
Why are the funds jumping ship
Will we get a weather premium
Being comfortable and adding profits

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Charts

Corn 🌽

Could see us enter into some choppy trade until we get the report next Friday. Current upside targets are $6.37 to $6.40 range, after that we look to the $6.60 range and our 100 & 200-day MAs. Downside support is our trendline.

Beans 🌱

Beans currently sit at our support of $14.20, if we don’t hold here we could look to test our heavy psychological support of $14.00 and our long term uptrend.

Wheat 🌾

Wheat closed -13 1/2 cents off our highs after testing the $6.74 resistance, ultimately coming back down and closing just above our support of $6.61. Upside target is $7.13 (our recent high). First downside target is $6.54 (our recent low).