Tech Guy Corn Continuation Chart Update 7/26/26

Corn has rallied almost 90 cents since the June 25th low, and is currently bumping up on some fairly stiff resistance in the 490.0 region. There is more risk of lower prices from here. The next higher high to the left is about 505.5.

On Friday December corn tested the April 11th high of 490.25 to be precise.

Support is now about 457.0, 447.0, and all the way down to 425.0 which is the continuation gap when the funds rolled to the December contract.

Check out the daily corn continuation chart.

Russian Wheat:

Russia is the world's leading exporter of wheat. About 70% of its wheat is winter wheat and 30% is spring wheat. Western Russia and Ukraine produced so much wheat before 1914, that area near the Black Sea was known as the "Bread Basket of the World." World War I ended crop production in the Black Sea area. The Great Plains of the U.S. were plowed-up to feed the world during the war.

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