Ag Futures Technical Analysis – August 22, 2025

The grain complex opened Friday with mixed signals as wheat, soybeans, and corn each carved out distinct chart patterns. Today’s session highlights key technical levels that traders should monitor as we move into the final stretch of August.

Wheat (ZWU25)

Wheat futures retreated after a strong rally earlier in the week. The contract slipped back under 507.0, marking a potential loss of momentum following its push above 511.0. Support is emerging near 504.0, while resistance sits at 510.0–512.0. A break below the current support band could expose the 500.0 handle, while bulls need a close above 512.0 to reassert control.

Soybeans (ZSX25)

Soybeans extended their breakout run, closing flat but consolidating above 1056.0. The contract touched a high near 1062.0, marking its strongest level since mid-August. Momentum indicators suggest overbought conditions may emerge, but trend support is intact above 1050.0. A daily close below that level would signal exhaustion, while a continuation through 1062.0 could open the door to 1070.0.

Corn (ZCU25)

Corn futures remain range-bound, but a midweek push carried the market above 388.0 before profit-taking pulled prices slightly lower. The contract is holding support around 386.0, while resistance remains capped at 390.0. A decisive move outside this band will determine near-term direction. A break higher could confirm a short-term bottoming formation, while a drop below 385.0 would shift momentum back to the bears.

Outlook

Heading into the weekend, traders are weighing chart signals against weather developments and export demand. Wheat shows signs of fading momentum, soybeans are testing breakout levels, and corn remains in consolidation. Volatility is likely to pick up next week with fresh export sales data and updated crop progress reports on deck.