July Corn Chart

Corn prices had an outside day. Overnight last night we took out yesterday’s low. During the day today we made a new high but we closed within yesterday’s range. The market is just chopping around waiting for USDA’s numbers to be released tomorrow. Current overhead resistance would be at Friday’s high $7.35, about 13 cents above today’s close with chart support down around the $6.84 level on the July chart.