Corn, soybean, and wheat prices have held support so far overnight. However, as all three grains remain just a hair's breadth from critical technical support levels, the likelihood of a downside breakout remains relatively high. The following key support levels are currently being held, but are at risk:Corn $7.50
Soybeans $12.00
Wheat $7.50
If these three support level hold over the next few days and weeks, then as the harvest season ends, a rebound is a good probability. However, if the US Dollar continues to rise, there is a greater likelihood that a downside price breakout may occur. The grains are at key inflection points right now.
