Just a short Wednesday update. The grain contracts I follow had their last trade date today and have switched to the May contracts.
Chicago wheat Is right at support, so watch it close. I think it could bounce up off support. If it breaks through it could go lower.
Corn has moved lower, just like I said. [...]

Chicago wheat is trading around support right now, and the indicators are hard to read, so I would wait for a move to make a trade unless you are an aggressive trader. IT appears to me it could trade up or sideways but if it breaks through support, it could go lower.
Corn has been stalling [...]

May Chicago wheat moved back down some this week. I would watch the support to see what happens. It appears it could bounce back up, but If it breaks through, it could go lower.
May corn moved down like I expected but just a little and then stalled. With the indicators so low, I would look [...]