Corn:
Corn broke below a major multi-year support zone.
Trade is increasingly expecting June 30 acreage to remain near 95.5 million acres.
A technical breakdown projects downside toward 423-424 if support fails.
Soybeans:
Soybeans continue to hold key support near the 200-day moving average.
China tariff reductions or additional purchases remain the primary b…
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A Tale of Two Cities
We see wheat pressured by harvest and seasonals despite worsening European weather, while soybeans hold support, corn struggles, and cattle remain firm near resistance.
Jun 23, 2026
∙ Paid
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