Ag Futures Technical Analysis – August 21, 2025
Grain markets remain in a state of technical flux as wheat, soybeans, and corn each show distinct chart patterns. Today’s session highlights key levels that traders and hedgers should monitor closely. Below is a breakdown of the latest technical setups for each contract.
Wheat (ZWU25)
ZWU25 Wheat – Hourly chart as of August 21, 2025
Wheat futures have rallied sharply off recent lows, breaking through the $506–507 resistance zone and pushing toward the $511 level. This breakout marks a shift in momentum after a prolonged downtrend earlier in the week. The formation of higher lows and a sustained push above prior resistance suggests potential for follow-through buying. Traders should watch for confirmation above $512; failure to hold this breakout could trigger a pullback toward $505 support.
Soybeans (ZSX25)
ZSX25 Soybeans – Hourly chart as of August 21, 2025
Soybean futures remain range-bound, oscillating between $1030 and $1045 over the past sessions. While a short-term low was established near $1030, the market has struggled to sustain rallies beyond $1040. Momentum appears neutral with neither bulls nor bears gaining full control. A decisive close above $1045 would open the door for a test of $1050+, while a breakdown under $1030 risks a deeper retracement into the high $1020s. Until then, chop and sideways action dominate the near-term outlook.
Corn (ZCU25)
ZCU25 Corn – Hourly chart as of August 21, 2025
Corn futures continue to consolidate, with repeated tests of the $380 support zone and resistance capped near $383. Despite attempts at rallies, price action remains choppy with no clear breakout yet. Bulls will need to push decisively through $384 to spark momentum toward $388–390, while bears are eyeing a potential breakdown under $379. Until a directional move occurs, corn is trapped in consolidation, making it a waiting game for trend confirmation.
Key Technical Takeaways
- Wheat: Breakout above $506–507 suggests renewed upside momentum; next target $512.
- Soybeans: Range-bound trade persists; watch $1030 support and $1045 resistance for a breakout signal.
- Corn: Consolidation continues; directional move hinges on a break of $379 or $384.
Overall, wheat is leading the complex with a breakout attempt, soybeans remain locked in range trade, and corn continues to consolidate. Hedgers and traders should remain alert for breakout confirmation signals as markets approach critical levels.
