About this chart: This is the daily continuation chart of CBOT corn. You can see the low ($3.69) in August 2025, and the rally to the high ($4.50) in December 2025. Note the large September-to-December continuation gap from $4.05 to $4.09. The corn market eventually put in a major high ($4.81) in May, before collapsing to the low on Monday ($4.06), which came within 1¢ of filling the September-to-December gap.
What does this mean for you: The $4.05 to $4.06 price level is important support. To change the trend, nearby corn futures need to close above the two-week high ($4.25 ¾).