It will not take much in the way of positive news to see a significant short covering rally, and this demand news may be the news that is needed to spark this. The USDA reported a sale of 686,000 tonnes of corn to China. The demand news coupled with parts of the Midwest potentially getting frost this weekend are looked at as bullish.  Corn that was planted early is at risk of getting damaged from this late frost.  Stronger energy prices are also something that is being supportive for corn today, with thoughts that ethanol demand will also begin to see an uptick in the near future. All of this being said, if there ends up being no frost, we will still have a very large amount of acres getting planted and expecting massive yields too.  This bounce may be a temporary one if we don’t get more weather issues. Resistance comes in at 321 and 324 with support at 314 and 311.