Analysts reviewing grain futures today expect continued price support into midweek, driven by tightening supply outlooks in both wheat and corn. Technical setups suggest near-term momentum could favor the bulls. On the date of publication, Jim Wyckoff did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com Listed on NYMEX, creating new opportunities to hedge price fluctuations, capitalize on price differentials between other Refined products or accept delivery, if preferred. Market sentiment for grain futures today remains cautious, as traders await fresh WASDE projections. Corn futures are holding above the $4.90 mark, suggesting technical support may keep prices buoyant despite mixed demand signals from Asia.
