# The other side of $6 and $13

> Technical analysis notes March corn and soybean futures approaching chart resistance at $6 and $13. March corn traded at its highest level since the Aug. 12 WASDE high, and January soybeans traded above November highs on a spot basis.

- Date: 2021-12-17 · published 2021-12-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8021-the-other-side-of-6-and-13
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Concern over South American weather and aggressive buying on dips support corn and soybean prices. A breakout above resistance could draw more buying and lift feed costs.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/the-other-side-of-6-and-13

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.