Morning Ag Futures Technical Analysis – June 13, 2025
Friday’s early ag futures mixed as markets digest midweek volatility. Below is the updated technical read based on 60-minute intraday charts for corn, soybeans, and all three U.S. wheat contracts. All levels and setups are taken directly from current price action and volume structure.
🌽 Corn – ZCN25
July corn is trading at 436-4, down from Wednesday’s high near 444. The market has pulled back into the previous breakout zone but is currently showing a small bounce from session lows. Key horizontal support sits at 435, with a break below opening the door to retest 432-0. Resistance remains near 438-4, where selling pressure has consistently capped rallies this week.
- Current Price: 436-4
- Support: 435, then 432-0
- Resistance: 438-4
- Bias: Bearish tilt unless bulls reclaim 438-4 zone
🌱 Soybeans – ZSN25
July soybeans are stabilizing near 1045-6 after two-sided trade overnight. The recent flush to 1041-0 was quickly bought, forming a potential base above 1042-2 support. Bulls need to clear 1049-0 resistance to signal continuation. Until then, price remains rangebound.
- Current Price: 1045-6
- Support: 1042-2
- Resistance: 1049-0
- Bias: Neutral-to-bullish with higher low structure forming
🌾 Chicago Wheat – ZWN25
July Chicago wheat is holding above the recent low at 524-4, now trading near 532-0. The recovery has been sluggish, and price remains below the breakdown zone from earlier this week. Resistance is clear at 535-0, with no breakout confirmed unless that level is overtaken. The structure remains weak, with heavy overhead supply.
- Current Price: 532-0
- Support: 524-4
- Resistance: 535-0
- Bias: Bearish structure; recovery fading unless bulls reclaim 535+
🌾 KC Wheat – KWN25
KC wheat is consolidating above 620-4 and currently trading at 623-4. This level is acting as a mid-range pivot after Tuesday’s sharp reversal. Resistance stands at 628-0, and a breakout above could open the door to a retest of the June 6 high near 635. A break back below 620 would invalidate the bullish structure.
- Current Price: 623-4
- Support: 620-4
- Resistance: 628-0
- Bias: Sideways within 620–628 range; breakout pending
🌾 Minneapolis Wheat – MWN25
Spring wheat is trading at 624-0 and showing higher lows since bottoming at 612 on June 10. The market is building energy under resistance at 626-0, which has capped price several times this week. Momentum is firming, but breakout confirmation is still needed.
- Current Price: 624-0
- Support: 620-6
- Resistance: 626-0
- Bias: Bullish bias building; breakout above 626 would confirm
All levels based on intraday 60-minute charts as of 7:00 AM CT, June 13, 2025. For midday updates, visit the Grain Markets section.
