Corn Chart

Corn prices were higher today, we didn’t make a new contract high that was set last week on Thursday at 7.53, but it was a new high close. Our close at 7.39 on July wheat was the highest close for the July contract and that keeps the overall uptrend in place.

Overhead resistance currently coming in at 7.53, about 14 cents above today close.

Technical indicators are in the middle of a neutral range, so they have room to move higher if the corn market does push to new highs.