Soybeans…these need recovery back over 1424 on a weekly chart to have put in a
convincing low.

Corn …is trading at the 200 day. This is trying to break out to the upside, however we still need a couple of closes over this level for higher.

Wheat…downside risk seems to be about 10 cents. This needs over 7.25 for higher.

Traders have been buying Corn and selling Beans.

This spread has had a descent move and is now at a level where you could see unwinding of this spread. Meaning, the Beans could lead a possible move up to test the 200 day in the SK/CK.

JJG… 51 is Monthly support and the downside pivot. The daily upside breakout # is declining. We’ll monitor this later in the day for a trade on the long side.