---

Export Sales Corn: Net sales of 312,400 MT for 2022/2023 were down 41 percent from the previous week and 79 percent from the prior 4-week average. Soybeans: Net sales of 100,100 MT for 2022/2023 were down 73 percent from the previous week and 58 percent from the prior 4-week average. Wheat: Net sales of 259,000 metric tons (MT) for 2022/2023 were up 91 percent from the previous week and 93 percent from the prior 4-week average.  Options Expiration Friday is May options expiration.  If you are still in May futures, you may consider flattening or rolling to July before the weekend.

Corn Seasonal Trend in Play The next corn seasonal starts on April 30th and is for the September contract.

Technicals Premium

🔒 You need to be a Premium User to unlock this content. Click here to unlock.

Levels Premium

🔒 You need to be a Premium User to unlock this content. Click here to unlock.

Soybeans  Seasonal Trend in Play July soybeans have trended higher from March 19th-April 30th for 13 of the last 15 years.   May soybean futures have trended higher from April 7th to April 21st for 12 of the last 15 years.

Technicals Premium

🔒 You need to be a Premium User to unlock this content. Click here to unlock.

Levels Premium

🔒 You need to be a Premium User to unlock this content. Click here to unlock.

Wheat Seasonal Trend in Play None

 

Technicals Premium

🔒 You need to be a Premium User to unlock this content. Click here to unlock.

Levels Premium

🔒 You need to be a Premium User to unlock this content. Click here to unlock.

Sign up for a free trial to get the FULL report, including our corn and wheat outlook!

https://www.bluelinefutures.com/free-trial

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

 

---

Grains Soybeans Corn Wheat

Like this post? Share it below:

Back to Insights