Corn prices came down and tested long term uptrend chart support here late last week and early this week with lows down at 6.44-6.45.

The market certainly hasn’t hit a springboard to the upside but todays close at 6.59 is 15 cents off the low that we posted early yesterday.

Our chart is showing signs of trying to do some bottoming action, nothing clear yet.  The technical indicators are again maybe trying to find some bottoming action.