The corn futures barchart currently lists March 2025 contracts trading at $4.95, supported by steady grain shipment data and a firming basis in the Gulf export market, hinting at underlying strength. The soybean market bulls are worried about a bearish pennant pattern on the daily bar chart for November futures that formed last week. Soybean meal (ZMZ25) futures continue to be the weakest link in the soy complex futures. Meal will have to perform better for soybeans to have a chance to restart a price uptrend. 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 . Reviewing corn futures barchart, analysts note a Fibonacci retracement level at $4.74 offering strong technical support; breach could open the path toward $4.82 in the near-term outlook.
