July Corn Chart

July corn prices have bounced nicely over the last couple of days. Unfortunately, the Dec corn has not followed suit. But with July, the lead contract we are in a consolidation area. A very volatile trade over the last month, wide swinging ranges but overall, the market is chopping in a sideways back and forth range. We currently have chart support at the $6.50 level with overhead resistance just above $7 on the July chart.