Grain Markets Softer to Start the Week

If you’re in July grain futures, you may want to consider exiting or rolling positions with volume dwindling ahead of first notice day a week away.

Corn

Friday’s Recap
Corn futures were lower Friday with the Dec contract finishing the session at 441’2, off 2’6. Combined volume was 475,830, with Dec seeing 117,711 change hands. Across all maturities, open interest decreased 17,787, or 1.12%, to 1,564,952. Dec gained 9,690 (1.77%), finishing at 557,324.

Technicals (December)
December corn futures got hit hard last Monday but battled back by the end of last week to erase the bulk of those losses. Futures so far this morning look similar to what we saw last Monday with prices retreating. The lack of a story during a historically softer time of year continues to keep a lid on prices and Funds comfortably short.

Technical Levels of Importance
Resistance: 447-450 1/2***, 452 1/2-456 1/2****
Pivot: 442-444
Support: 433 3/4-435 3/4****

Popular Options
The Dec 400 put saw the most traded with 2,162 contracts done. Calls with the most open interest are the Dec 500 strike (38,789), and for the puts are the Dec 400 strike (31,476).

Volatility Update

Corn implied volatility finished the session sharply up as CVL rose by 5.1 to close the day at 30.72, a one month high. The 30-day historical volatility ended the day unchanged for the day nan% to nan%. The CVL Skew finished the day moderately higher, up 0.66 to end the session at 6.69, a one month high.

Seasonal Tendencies Update
(Updated on 6.23.25)

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

Commitment of Traders Update
*Updated data will be released this afternoon, due to last week’s mid-week Holiday.

The most recent Commitment of Traders report showed Funds were net sellers of 10k futures and options contracts through June 10rd. This is the largest net short since September.

Check out the Charts to this article Here: https://bluelinefutures.com/2025/06/23/grain-markets-softer-to-start-the-week/ 

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.