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Barchart
Barchart
Jim Wyckoff

Corn, Soybean, and Wheat Bulls Are Fighting to Stabilize Grain Prices

July corn (ZCN26) futures on Friday rose 1 cent to $4.63 1/4 and for the week were up 7 1/2 cents. July soybeans (ZSN26) rose 2 1/4 cents to $11.96 ½ and for the week were up 19 1/2 cents. July soft red winter (SRW) wheat (ZWN26) futures on Friday fell 1 1/4 cents to $6.46 1/4 and for the week were up 10 1/2 cents. July HRW wheat (KEN26) futures lost 5 cents to $6.82, hit a two-week low, and for the week were down 6 cents. Grain market bulls had a decent week last week after prices in mid-May tanked following a disappointing summit meeting between President Donald Trump and Chinese leader Xi Jinping.

Corn in Middle of Choppy Trading Range

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