Corn

Tuesday’s Recap
Tuesday’s Corn market was mostly higher with the July contract off by 3’2 to 489’4. Total volume was 527,224, with the July maturity seeing 189,549 traded. Across all maturities, open interest decreased 3,662, or 0.21%, to end the session with 1,722,469 outstanding. The July maturity added 1.69% (3,662) to finish at 646,509.

Technicals
May corn futures traded below our pivot pocket into yesterday’s close. The selling pressure has subsided as the market was able to defend Tuesday’s low in the overnight session. The 50-day moving average along with other techncial support comes in from 474 3/4-477. The Buls will want to see this pocket defended through the rest of the week. In the early morning trade, prices are moving back into our pivot pocket from 483 3/4-488 1/2. A close back above here opens the door for higher highs for the move.

Technical Levels of Importance
Resistance: 493 1/2-497 1/4***, 504 1/2**, 510-512***
Pivot: 483 3/4-488 1/2
Support: 474 3/4-477***, 454 1/2-457 3/4***

Popular Options
The May 480 put saw the most changing hands with 9,033 contracts done. Option open interest is highest for the July 500 calls at 39,240, and the Dec 400 puts at 23,798.

Volatility Update
Implied Volatility closed the session lower with CVL dropping by 0.53, to finish at 21.04. Up 0.11%, historical volatility (as measured by the 30-day) closed at 17.72%. The CVL Skew was moderately lower with the 30-day dropping 0.22, closing at 0.61.

Seasonal Tendencies Update
(Updated on 4.14.25)

Below is a look at historical price averages for July corn futures on a 5, 10, 15, 20, and 30 year time frames (Past performance is not necessarily indicative of future results).

Continue reading with charts here: https://bluelinefutures.com/2025/04/16/grain-markets-stabilize-overnight-2/

Futures trading involves substantial risk of loss and may not be suitable for all investors. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Blue Line Futures is a member of NFA and is subject to NFA’s regulatory oversight and examinations. However, you should be aware that the NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians or markets. Therefore, carefully consider whether such trading is suitable for you considering your financial condition.

With Cyber-attacks on the rise, attacking firms in the healthcare, financial, energy and other state and global sectors, Blue Line Futures wants you to be safe! Blue Line Futures will never contact you via a third party application. Blue Line Futures employees use only firm authorized email addresses and phone numbers. If you are contacted by any person and want to confirm identity please reach out to us at info@bluelinefutures.com or call us at 312- 278-0500

Performance Disclaimer

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.