Analysis techniques – Corn Futures (Dec 2025)

Analysis techniques – Corn Futures (Dec 2025)
Date: Oct 06, 2025 | Timeframe: D1 | Contract Code: ZCZ25

1. Trend Overview and Price Structure
December corn futures (ZCZ25) traded around 4.194 USD/bu, moving sideways early this week after rebounding from the 4.14 support zone. The short-term structure remains slightly bullish but momentum is fading near 4.20–4.25.
Technically, the market is retesting its short-term uptrend line, awaiting confirmation for the next directional move.

2. Key Technical Levels

Resistance: 4.35 – 4.56 – 4.79
Support: 4.14 – 4.00 – 3.92

3. Detailed Technical Analysis

(1) Short-term trend:
The rebound from 3.92 has stalled near 4.20, the prior September peak. A decisive breakout above 4.22–4.25 would extend the recovery toward 4.35.

(2) Volume:
Volume has picked up modestly during the recent rebound, but speculative participation remains limited.

(3) Wave structure:
Corn may be forming a minor wave 3 of a corrective rally, targeting 4.35–4.56. A drop below 4.14, however, could trigger a deeper retracement toward 3.92.

(4) Confirmation signals:
A daily close above 4.22 confirms renewed bullish bias; failure below 4.14 negates the current recovery setup.

VNC View

In the short term, corn prices are supported by a softer USD and improved export sentiment, though profit-taking remains a headwind.
Medium term, U.S. harvest progress continues smoothly, but low global stocks and dry conditions in Brazil could offset supply pressure.
Overall, the outlook remains neutral-to-bullish, with key focus on the 4.14–4.22 reaction zone.