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Special Midweek update

Special Midweek update
Photo by Matthew Henry / Unsplash


With the large moves continuing in all the Grains, we are sending out this update to bring fresh levels to watch for. Soybeans continue to hold their long term swing point, July and December Corn took out theirs this week. The July and December Wheat took out theirs on 6/23/22 and have already hit the downside targets with a $1.80 break. Soybean Meal is caught between 61.8% retracements above its long term swing point and Soybean Oil took out its long term swing point yesterday.

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