NEW 2025 LOWS FOR CORN

AUDIO COMMENTARY

  • We made new yearly lows in May 2023

  • Funds aren’t buying China headlines

  • Been cheapest corn in world long time

  • World still needs big corn crop

  • USDA Monday: 2 billion bu new crop

  • USDA: Old crop should show demand

  • Open planting window bearish short term

  • Forecasts still call dry moving forward

  • End users good area to buy corn

  • Hard to think there isn’t still a story

  • This market “could” still get cheaper

  • Fundamentals aren’t different vs 40 cents ago

  • New crop bean S&D going to be tighter

  • Dryness will matter soon

  • I’d say weather scare is over 50% probable

  • Timing of weather scare dictates size of rally

  • Inverse leaving signaling not to supply market

  • Not remotely close to touching wheat sales

  • Drought in Mexico big for demand

  • No real headlines pushing us lower. Simply money & algos leaving the market

  • Why courage calls could be a good tool for your marketing if we happen to get a scare

  • Beans possible correction? (chart below)*

Listen to today’s audio below

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CHARTS

July Corn 🌽

Still think we bottom somewhere in this blue box.

Could we go even lower? Sure it could happen.

However, the indicators are completely overdone (check out next chart).

As for our next target, the $5.23-26 target is no longer a valid target because we took out the March lows. This is because that initial long term target was 161.8% of the March to April rally, but we are now below the point of where the March rally started.

We will have a new target once we feel like we put in a bottom.

The bottom graph is the stochastics.

They are completely bottomed out now.

There is times such as last June where they can stay bottomed out for a long time while prices continue lower.

However, since finding our bottom in harvest these have marked pretty much every low. Or at the very least been very close to doing so (dotted vertical lines mark every time they bottomed).

Dec Corn 🌽

Holding the March lows still.

The current long term target is still $4.84-89 if we happen to get a weather scare.

However, if we take out those March lows the 161.8% level at $4.89 becomes invalid and we have to find a new one.

July Beans 🌱

We are just barely below the 100-day MA.

Bulls still need to hold that or we probably go down to the red box.

To the upside, we failed to hold the 200-day MA despite having a few closes above it. To confirm the bottom is in, we need to build a base of support above the 200-day MA.

(Check out next chart why a drop down to the red box would not be surprising).

$11.04 is still the current next target.

This is the MACD indicator.

When the blue line crosses below the orange line it is a bearish signal (and vice versa).

It just posted a bearish cross.

The last few times it had a bearish cross it did lead to some downside. Something to be aware of and why a little downside here would not be a shock.

Nov Beans 🌱

Bulls still need to break above the 200-day MA.

It has been our absolute lid, so a break and hold above should bring more upside.

(Just like July we do have a bearish MACD cross. Something to be aware of. Check next chart).

Looking for a bounce in the red box if we continue lower.

$10.78 is still the next big picture upside target.

Here is the MACD.

Just like July, bearish cross as blue crossed below orange.

Last few times it has lead to downside.

Doesn’t have to happen, but it is a sign of potential weakness.

Continuous Chicago Wheat 🌾

Bulls continue to hold this box.

Number #1 mission for bulls is to keep doing it.

Continuous KC 🌾

Like Chicago, sitting at massive support.

Bulls need to hold to prevent catching a falling knife.


Past Sell or Protection Signals

We recently incorporated these. Here are our past signals.

April 10th: 🌽 

Old crop corn sell signal.

CLICK HERE TO VIEW


March 19th: 🐮 

Cattle hedge & sell signal.

CLICK HERE TO VIEW


Feb 18th: 🌽 🌾 

Old crop KC wheat & old crop corn signal.

CLICK HERE TO VIEW


Jan 23rd: 🌽 🌱 

Corn & beans old crop sell signal.

CLICK HERE TO VIEW

Jan 15th: 🌽 🌱 

Corn & beans hedge alert/sell signal.

CLICK HERE TO VIEW


Jan 2nd: 🐮 

Cattle hedge alert at new all-time highs & target.

CLICK HERE TO VIEW


Dec 11th: 🌽

Corn sell signal at $4.51 200-day MA

CLICK HERE TO VIEW

Oct 2nd: 🌾 

Wheat sell signal at $6.12 target

CLICK HERE TO VIEW
 

Sep 30th: 🌽 

Corn protection signal at $4.23-26

CLICK HERE TO VIEW
 

Sep 27th: 🌱 

Soybean sell & protection signal at $10.65

CLICK HERE TO VIEW
 

Sep 13th: 🌾 

Wheat sell signal at $5.98

CLICK HERE TO VIEW
 

May 22nd: 🌾 

Wheat sell signal when wheat traded +$7.00

CLICK HERE TO VIEW


Want to Talk?

Our phones are open 24/7 for you guys if you ever need anything or want to discuss your operation.

(605) 295-3100

sfrost@dailymarketminute.com


Hedge Account

Interested in a hedge account? Use the link below to set up an account or shoot Jeremey a call at (605)295-3100.

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Check Out Past Updates

5/6/25

WHAT’S A SUMMER RALLY LOOK LIKE?

Read More

5/5/25

CORN ERASES ENTIRE APRIL RALLY

Read More

5/2/25

SELL INTO UNCERTAINTY. NOT KNOWN FACTORS

Read More

5/1/25

THE CASE AGAINST A FEB TOP IN CORN

Read More


4/30/25

APPROACHING KEY TIME PERIOD FOR GRAINS

Read More


4/29/25

PLANTING & FIRST NOTICE DAY PRESSURE. CORN CLOSE TO BOTTOM?

Read More


4/28/25

CAPTURING INVERSE & SEASONAL PREPARATION

Read More


4/25/25

HOW OFTEN DOES CORN NOT BREAK APRIL HIGHS?

Read More


4/24/25

KNOW WHEN TO SELL. BEANS BREAK 200-DAY FIRST TIME IN 483 DAYS

Read More
 

4/23/25

MONEY FLOW & DROUGHT CARDS

Read More


4/22/25

CRUCIAL SPOT FOR CORN & BEANS

Read More


4/21/25

NO PLANTING THREAT YET

Read More


4/18/25

POTENTIAL OPPORTUNITIES, BASIS CONTRACTS & STRATEGIES

Read More


4/16/25

HOW YIELD IMPACTS CARRYOUT. MAJOR SPOT FOR SOYBEANS

Read More


4/15/25

TOTAL CHART BREAKDOWNS & TARGETS

Read More


4/14/25

TECHNICAL SELLING IN GRAINS

Read More


4/11/25

SPECIFIC GRAIN MARKETING DECISIONS

Read More


4/10/25

USDA REPORT. HOW THIS IMPACTS CORN

Read More


4/9/25

TARIFFS GIVE. TARIFFS TAKE

Read More
 

4/8/25

CORN’S DIVERGING STRENGTH

Read More


4/7/25

SOLID PRICE ACTION DESPITE OUTSIDE FEAR

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4/4/25

CORN PRICE ACTION SPEAKS VOLUME. ANY HOPE LEFT FOR SOYBEANS?

Read More


4/3/25

WHAT IS LEFT FOR CORN BEARS? TRADE WAR: CHARTS HOLDING SUPPORT

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4/2/25

SHOULD UNKNOWNS KEEP A FLOOR UNDER GRAIN PRICES?

Read More
 

4/1/25

HOW DO ACRES IMPACT FUTURE OF THE GRAINS?

Read More


3/31/25

USDA REPORT: NOW WHAT?

Read More

 

3/28/25

ALL EYES ON USDA

Read More


3/27/25

PRE-USDA POSITIONING. DON’T GIVE GRAIN AWAY

Read More
 

3/26/25

HISTORY OF MARCH INTENTIONS. SOYBEANS UNDERVALUED?

Read More


3/25/25

6 DAYS UNTIL MAJOR USDA REPORT

Read More
 

3/24/25

HOW TO POSITION YOURSELF BEFORE PLANTING

Read More


3/21/25

REASONS TO BE OPTIMISTIC IN GRAINS?

Read More


3/20/25

WAS THAT THE BOTTOM IN CORN?

Read More


3/19/25

THE PATH HIGHER & THE DOWNSIDE RISKS IN GRAINS

Read More


3/18/25

SEASONALS, CATTLE HEDGE, CHARTS & DROUGHT?

Read More


3/17/25

WHEAT RALLIES. DON’T GET BACKED INTO A CORNER

Read More
 

3/14/25

MARCH 31ST REPORT THOUGHTS & WHAT’S NEXT FOR GRAINS

Read More
 

3/13/25

EXPLAINING RE-OWNERSHIP VS COURAGE CALLS

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3/12/25

TARIFF FEARS. EU, CANADA, & ETHANOL

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3/11/25

USDA SNOOZE. RECORD FUND SELLING A CONCERN?

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3/10/25

USDA TOMORROW. GETTING COMFORTABLE IN MARKETING

Read More
 

3/7/25

HOW TIGHT IS THE WORLD & US SITUATION?

Read More


3/6/25

TARIFFS PUSHED BACK. FUTURE OPPORTUNITIES?

Read More

3/5/25

IS GRAINS BIGGEST RISK WEAK CRUDE & DEFLATION?

Read More
 

3/4/25

TRADE WAR BEGINS. 8TH DAY OF PAIN FOR GRAINS

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3/3/25

TARIFFS ON TOMORROW. BUY SIGNAL

Read More
 

3/3/25

BUY SIGNAL

Read More


2/28/25

WHEN WILL THE BLEEDING STOP?

Read More


2/27/25

CORN AT CRITICAL SPOT. USDA ACRE REPORT. WAY TOO EARLY DROUGHT TALK

Read More

2/26/25

HISTORY SUGGESTS CORN TOP ISN’T IN? ACRE OUTLOOK TOMORROW

Read More


2/25/25

POSITIVE CLOSE. WHAT TO KNOW ABOUT USDA OUTLOOK

Read More
 

2/24/25

USDA OUTLOOK, FIRST NOTICE DAY & BRAZIL

Read More
 

2/21/25

WHAT TO EXPECT MOVING FORWARD IN GRAINS

Read More


2/20/25

FIRST NOTICE DAY CONCERNS. MASSIVE CORN ACRES OR NOT?

Read More


2/19/25

HOW TIGHT IS THE CORN SITUATION?

Read More

2/18/25

MORE DETAILS ON TODAYS SELL SIGNAL

Read More
 

2/18/25

OLD CROP KC WHEAT & CORN SELL SIGNAL

Read More


2/14/25

WHEAT BREAKING OUT ON WEATHER RISK. TECHNICALS & FUNDAMENTALS

Read More

2/12/25

GLOBAL GRAIN SITUATION, ACRE TALK, CHARTS & MORE

Read More

2/11/25

USDA: NOT A BEARISH REPORT. DISAPPOINTING PRICE ACTION

Read More
 

2/10/25

USDA TOMORROW. LONG TERM PATH FOR SUB 10% CORN STOCKS TO USE?

Read More


2/7/25

WHY WOULD THE FUNDS EXIT THEIR LONGS?

Read More
 

2/6/25

WHEAT FINALLY CATCHING A BID

Read More


2/5/25

COMPLETE THOUGHTS ON MARKETS: BACK & FORTH DISCUSSION

Read More


2/4/25

STRONG JANUARY LEAD TO STRONG YEAR? TARIFFS, CHARTS & MORE

Read More


2/3/25

TARIFFS PUSHED BACK

Read More


1/31/25

TARIFF NEWS ALL OVER THE PLACE. ARE YOU PREPARED FOR POSSIBILITIES?

Read More


1/30/25

WHEAT BULL ARGUMENT. TRUMP ADDS TARIFFS

Read More


1/29/25

CORN APPROACHES $5.00

Read More
 

1/28/25

TARIFFS, CORN FUNDS, SOUTH AMERICA & MORE

Read More


1/27/25

HEALTHY CORRECTION WE TALKED ABOUT & TARIFF NEWS

Read More
 

1/24/25

GRAINS DUE FOR SHORT TERM CORRECTION?

Read More


1/23/25

OUR ENTIRE NEW CROP SALES THOUGHTS & OLD CROP SELL SIGNAL

Read More

1/22/25

GRAINS TAKE A BREATHER. IS CORN IN A BULL OR BEAR MARKET?

Read More

1/21/25

HUGE DAY IN GRAINS. WHAT TO DO WITH OLD CROP VS NEW CROP

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1/20/25

VIDEO CHART UPDATE

Read More
 

1/17/25

TRUMP, CHINA, ARGY & USING THE SPREADS INVERSE

Read More
 

1/16/25

OLD CROP LEADS US LOWER. MARKETING THOUGHTS

Read More
 

1/15/25

SIGNAL & HEDGE ALERT QUESTIONS EXPLAINED. IS $6 CORN EVEN POSSIBLE?

Read More
 

1/14/25

MORE DETAILS ON TODAYS HEDGE ALERT & SELL SIGNAL

Read More

 

1/14/25

CORN & SOYBEANS HEDGE ALERT/SELL SIGNAL

Read More
 

1/13/25

USDA GAME CHANGER OR NOT?

Read More


1/10/25

BULLISH USDA FOR CORN & BEANS

Read More


1/9/25

USDA OUT TOMORROW

Read More

1/8/25

2 DAYS UNTIL USDA. BE PREPARED

Read More


1/7/25

THE HISTORY OF THE JAN USDA & MORE

Read More

1/6/25

MAJOR USDA REPORT FRIDAY

Read More


1/3/25

UGLY DAY ACROSS THE GRAINS

Read More


1/2/25

LONG TERM CORN UPTREND? JANUARY DROP OFF IN BEANS? LONG TERM WHEAT FACTORS

Read More 

Previous
Previous

USDA MONDAY & HISTORY OF WEATHER RALLIES

Next
Next

WHAT’S A SUMMER RALLY LOOK LIKE?