Key Support Levels

We’re watching key support levels in both corn and soybeans the rest of the week. In corn, the focus is on the 100-day moving average near $4.36 ¾, along with nearby support at $4.34 ½ and the gap on the continuation chart near $4.31 ½. In soybeans, we’re watching whether the market fully fills the gap below current prices, with the 200-day moving average sitting another 12–15 cents lower as the next major support level.

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