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Topic

CBOT March corn

CBOT soybeans may test support at $14.01-1/2

CBOT soybeans may test support at $14.01-1/2

Published 26 Mar, 2021 11:31am
  • The contract observes closely a set of projection levels on the uptrend from $13.36-3/4. After breaking below $14.20-1/2, it is falling towards $14.04-1/2.
Soybeans set for second weekly loss on Argentine rains

Soybeans set for second weekly loss on Argentine rains

Published 19 Mar, 2021 10:08am
  • Consultancy Strategie Grains on Thursday lowered its monthly forecast of soft wheat exports from the European Union and Britain in the 2020/21 season by 900,000 tonnes to 25.2 million to take account of a drop in demand, notably from China.
CBOT corn modestly firmer

CBOT corn modestly firmer

Published 19 Feb, 2021 04:07am
CHICAGO: Chicago Board of Trade corn futures ended modestly firm on Wednesday, consolidating in choppy trade as...
CBOT corn may test resistance at $5.55-3/4

CBOT corn may test resistance at $5.55-3/4

Published 18 Feb, 2021 11:08am
  • On the daily chart, corn has broken a resistance at $5.51. It is likely to test the next resistance at $5.59, a break above which could lead to a gain to $5.72-1/2.
CBOT wheat may retest support at $6.25-3/4

CBOT wheat may retest support at $6.25-3/4

Published 11 Feb, 2021 12:18pm
  • The support is provided by the 76.4% projection level of a downward wave c from $6.60-1/2. This wave is expected to travel to $6.15-1/4, its 100% projection level.
CBOT soybeans may drop to $13.24-1/4

CBOT soybeans may drop to $13.24-1/4

Published 11 Feb, 2021 10:18am
  • Based on the current strong momentum, the wave C may eventually travel to $12.71-3/4. A bounce from the current level may be limited to $13.56-3/4.
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