Grain Futures Focus: Morning Technical Analysis

📊 Morning Grain Futures Technical Outlook – July 30, 2025

Grain futures remain flat in early trade with no fresh directional momentum. Corn and soybeans continue to chop in tight sideways ranges, while wheat sits near multi-month lows. Here’s how the charts are setting up midweek:

🌽 September 2025 Corn (ZCU25)

• Last Price: 389-4 | Change: -0-2 (-0.06%)
• Support: 388-0
• Resistance: 391-2
• Trend: Sideways / Weak

ZCU25 remains stuck in a narrow band between 388 and 391, with no clear directional conviction. Last week’s breakdown remains unresolved, and trade is coiling below previous support. A close below 388 would confirm bearish continuation, while bulls need to reclaim 391 to shift the tone.

🫘 November 2025 Soybeans (ZSX25)

• Last Price: 1010-0 | Change: 0-0 (0.00%)
• Support: 1008-0
• Resistance: 1012-6
• Trend: Sideways

ZSX25 continues to trade sideways within a 4-point range for the third straight day. Buyers have defended the 1008 level consistently, but no strong bounce has developed. Momentum remains muted, and the next directional push will likely determine the tone for early August.

🌾 September 2025 Wheat (ZWU25)

• Last Price: 529-2 | Change: 0-0 (0.00%)
• Support: 525-0
• Resistance: 532-4
• Trend: Bearish / Base Building?

ZWU25 is trying to stabilize after pushing to new lows early Tuesday. Price is holding just above 527, but hasn’t reclaimed broken support levels. While selling has slowed, no reversal has formed yet. Bulls need a close back above 532 to spark short covering.

📋 Summary Table