BRUTAL WEEK FOR GRAINS

AUDIO COMMENTARY

  • Grains continue to get smoked

  • Wheat actually held in there

  • Funds sold a bunch

  • Whole growing season left

  • Eventually the falling knife will be caught

  • Best thing is we’re oversold

  • Big money is jumping ship

  • Contract lows in most corn contracts

  • Have to be comfortable

  • War headlines everywhere

  • Dec corn still has a story

  • Being comfortable is different in every operation

  • Put is still the right move if you’re worried about us going to nothing

  • Do what you have to do to get comfortable

  • We need a positive catalyst

  • Dec corn could be at some support

  • Soybeans feel like they have the most risk

  • Nothing fundamentally has changed

  • KC wheat at possible support

  • Wheat is still up a lot on the year

  • $60 crude & $100 crude is a big difference

  • Ton of chart breakdowns below audio*

Listen to today’s audio below

6-5-2026

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Office: (806)484-1214


CHART BREAKDOWNS

July Corn 🌽

Broke through every support.

Obviously doesn’t look good.

Scroll to look at the next charts. As I go over the continuous charts and new crop. Along with the rest of the markets as well.

Sep Corn 🌽

Also posted new contract lows.

Breaking the level we had held previously on two separate occasions.

Not a good look either.

Dec Corn 🌽

New crop is the only bright spot.

Old crop has broken every single support.

Dec corn has not.

I mean if you’re going to bounce.. this would be about where we’d want it to happen.

Otherwise if we post contract lows here, you’re simply trying to catch a falling knife across all the corn contracts.

This support zone has held for a long time. It’s held since 2024.

We are also getting very oversold.

Front Month Corn 🌽

We are also basically at the last level of support on this chart as well.

If we are going to bounce.. it wouldn’t make much sense to drop into that area of no support and bounce in there. It was make more sense to bounce at this last support.

Here is the weekly chart.

Here is a chart that compares corn and wheat price action.

We’ve followed each other to a tea.

Maybe for corn to stop falling.. wheat has to stop falling apart.

Today was wheat’s first day higher in 13 days (Although it was just half a cent).

But wheat is approaching an area of key support (scroll for next chart).

July KC Wheat 🌾

Approaching a key level.

The 61.8% level from contract highs to contract lows.

We also have an open gap right here.

Bulls want a bounce here.

If this level fails, the next support is $5.75

July Beans 🌱

We broke that key support.

Which opens the door lower into the golden zone down to contract lows.

As there was simply very little support below that $11.60 level.

Front Month Beans 🌱

Soybeans probably have the most downside risk here.

We broke below a very key level to hold.

So there is plenty of open air down here, which offers further downside risk.

Nov Beans 🌱

We broke that uptrend.

We failed the golden zone, so it opened the door lower.

Bulls want to hold those March lows to prevent further downside.

As there is air below that level.

August Feeders 🐮

I still think this is a possible scenario in feeders here.

We could potentially be setting up for a classic head and shoulders.

So I do like defending the green box, which we tagged today.


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Email: sfrost@dailymarketminute.com


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Recent Signals

May 27th, 2026: 🌽

Corn conditional buy signal.

CLICK HERE TO VIEW

May 13th, 2026: 🌱

Soybean sell signal & hedge alert.

CLICK HERE TO VIEW

April 28th, 2026: 🌾 

KC wheat specific signal.

CLICK HERE TO VIEW

April 27th, 2026: 🌽

Corn catch up sell signal.

CLICK HERE TO VIEW

April 10th, 2026: 🌽

Corn buy signal.

CLICK HERE TO VIEW

March 19th, 2026: 🌱 

New crop soybeans signal & hedge alert.

CLICK HERE TO VIEW

March 9th, 2026: 🌱 

Soybeans signal & hedge alert. Sent via text.

CLICK HERE TO VIEW

March 6th, 2026: 🌽 🌾 

Corn & wheat sell signal & hedge alert.

CLICK HERE TO VIEW

March 3rd, 2026: 🌽

Old crop & new crop corn sell signal & hedge alert.

CLICK HERE TO VIEW

Feb 26th, 2026: 🌱

Old crop & new crop beans sell signal & hedge alert.

CLICK HERE TO VIEW

Feb 19th, 2026: 🌾  

KC wheat sell signal & hedge alert.

CLICK HERE TO VIEW

Feb 6th, 2026: 🌽 🌱 

Old crop corn & soybean sell signal & hedge alert.

CLICK HERE TO VIEW

Feb 4th, 2026: 🌱 

Soybean sell signal & hedge alert.

CLICK HERE TO VIEW

Nov 17th, 2025: 🌱

Soybean sell signal & hedge alert.

CLICK HERE TO VIEW


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GRAINS FREE FALL. OVERSOLD YET?