--- title: Grain Market Chatter Closing Comments1/25/2016 description: Daily grain market chatter for corn, soybeans, and wheat from Craig Haugaard the grain marketing specialist image: https://blog.cashcowfarmer.com/hubfs/Craig/corn1.25.16.jpg --- ### About Us CashCow helps all farmers manage and market their grain. 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Technically, all three indicators continue to be bullish the March futures.  Fourth day is the charm!  Support continues to hold at $3.69 with a close just about that level.  My next sales targets remain $3.82 followed by $3.95 and $4.10 if we can find momentum. ** ![Grain Markets Corn Futures Chart](https://blog.cashcowfarmer.com/hs-fs/hubfs/Craig/corn1.25.16.jpg?width=1024&name=corn1.25.16.jpg "Grain Markets Corn Futures Chart")** **Soybeans:** Beans fought a mixed bag as well today with better Brazilian weather and lighter export sales to drag us down.  Exports came in at 44 million bushels vs 57 last year.   Then we have a higher domestic cash basis to add some support with the market feeling beans and meal are over sold to help us stay on the positive. Technically, two of three indicators remain bullish the March futures. Nearby support continues to hold at $8.75, we did touch against the $8.82 resistance today and back off again.  My selling targets are $8.82, $8.90, $9.00 then $9.12 if you really want to reach.  ![Grain Markets Soybean Futures Chart](https://blog.cashcowfarmer.com/hs-fs/hubfs/Craig/soybean1.25.16.jpg?width=1024&name=soybean1.25.16.jpg "Grain Markets Soybean Futures Chart")     **Wheat:** Managed money did some short covering today.  That doesn’t take away the fact that world stocks are huge and the US is not competitive on the export market.  Some talk that Russia will be limiting exports combined with Russian temps offered underlining support.   Exports were 7 million bushels vs 12 last year. Technically, all three indicators are once again bullish the Minneapolis March futures.  Support has hopefully made a move upward to $4.98 with todays close.  My price targets have not changed and remain $5.00, $5.10, $5.20, $5.28 and $5.39. ![Grain Markets Wheat Futures Chart](https://blog.cashcowfarmer.com/hs-fs/hubfs/Craig/wheat1.25.16.jpg?width=1024&name=wheat1.25.16.jpg "Grain Markets Wheat Futures Chart")   1. [S.D. farmboy turned investment banker creates farm management program](https://info.cashcowfarmer.com/blog/s.d.-farmboy-turned-investment-banker-creates-farm-management-program) 2. [Farm Software: 5 Tools Every Farmer Should Be Using](https://info.cashcowfarmer.com/blog/farm-software-5-tools-every-farmer-should-be-using) 3. [How To Determine If Commodity Prices Are Too Low To Market Grain](https://info.cashcowfarmer.com/blog/how-to-determine-if-commodity-prices-are-too-low-to-market-grain) 4. 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