CME Group Inc.

12/04/2025 | Press release | Distributed by Public on 12/04/2025 17:11

March Corn futures held support ahead of WASDE report.

March Corn futures finished marginally higher after defending key technical support at the 50-day moving average of 441. The market rejected a potential downside breakout associated with a head and shoulders pattern, while the RSI remained neutral at 54%. On the fundamental side, delayed weekly export sales came in strong at 1.995 million metric tons, landing at the upper end of expectations. Traders are now positioning for Tuesday's WASDE report, where the average trade guess for U.S. ending stocks sits at 2.124 billion bushels, a 30 million bushel drop from November estimates.
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