Barchart corn futures a technical rebound is possible if
A technical rebound is possible if export sales post an upside surprise in upcoming weekly data. Little rainfall is expected across the Midwest in the next two weeks, while warm temperatures through the next 10 days will keep crop maturation rates high and harvesting should become more aggressive. There is no risk of frost or freezes through late next week and likely into the following weekend as well. Thus, weather leans price-bearish for corn and soybeans as farmers’ combines should be rolling steadily the next two weeks. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Volume reflects consolidated markets. Futures and Forex: 10 or 15 minute delay, CT. Market Data powered by Barchart Solutions. Fundamental data provided by Zacks and Morningstar . Barchart corn futures market sentiment remains cautious, with September 2024 contracts at $4.
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