CBOT corn may bounce into $5.28-1/4 to $5.31-1/4 range before falling

CORN•2026-09-29

CBOT December corn may bounce to $5.28-1/4 to $5.31-1/4 per bushel before turning lower and retesting support at $5.18.

1. Potential price movement

CBOT December corn may rise into the $5.28-1/4 to $5.31-1/4 range before turning lower and retesting support at $5.18. The analysis says a wave from $5.44-1/2 has neared its $5.14-1/4 projection level and may extend to $5.01-3/4 to $5.08. The market has broken resistance at $5.24-1/4.

CBOT corn may bounce into $5.28-1/4 to $5.31-1/4 range before falling

1. Potential price movement

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