All For One (4-1)
Morning Summary: I, for one, am looking forward to a breakfast of Belgian waffles and Brussels sprouts Tuesday morning. However, my concern is the joy of the morning will be [...]
CFTC Commitments of Traders
Net Positions as of Tuesday, June 30 (Legacy, Futures Only) Corn: Net-long 64,177 contracts (an increase of 5,844 contracts) HRW Wheat: Net-short 10,339 contracts (a decrease of 4,788 contracts) Soybeans: [...]
High in the Sunlit Silence
Afternoon Summary: The commodity complex could quote the sonnet “High Flight” Monday, “Oh! I have slipped the surly bonds of earth and danced the skies on laughter-silvered wings”. Around midday, [...]
Fire!
Morning Summary: It didn’t take long Sunday night to understand this was going to be another one of those weeks. A friend in the brokerage industry sent me a message [...]
Sunday Night Markets – Updated with Grains
The Grains sector jumped shorty after the open of the overnight session. Dec corn gained as much as 6.25 cents Nov soybeans rallied as much as 13.25 cents Sep SRW [...]
Corn
DNAI Algorithm Weekly: Short/Neutral Previous Week: Short/Neutral Theoretical Positions Based on seasonal, price distribution, volatility, and long-term technical analysis: December $5.00 calls could’ve been sold for 26.5 cents Tuesday, May [...]
Soybeans
DNAI Algorithm Weekly: Short/Neutral Previous Week: Short/Neutral Theoretical Positions Hedgers Some sales of Nov26 futures or new-crop cash have been done during the seasonal uptrend. Technically, sales could’ve been made [...]
SRW Wheat
DNAI Algorithm (Position/Action) Weekly: Short/Neutral Previous Week: Short/Neutral Trend Analysis The September issue extended its secondary (intermediate-term) downtrend to a low of $5.74 before closing at $5.9975, up 10.0 cents [...]
HRW Wheat
DNAI Algorithm (Position/Action) Weekly: Short/Neutral Previous Week: Short/Neutral Trend Analysis The September contract extended its secondary (intermediate-term) downtrend to a low of $6.1075 before closing at $6.3850, up 19.0 cents [...]
HRS Wheat
Theoretical Positions Investors could cover previous short futures positions and go long the market based on bullish technical patterns. Trend Analysis The September contract extended its seasonal downtrend to a [...]
Live Cattle
DNAI Algorithm (Position/Action) Weekly: Short/Neutral Previous Week: Short/Neutral Trend Analysis For now, I’ll classify the August issue in a sideways trend, though leaning toward a bearish breakout. With a high [...]
Feeder Cattle
DNAI Algorithm Weekly: Long/Neutral Previous Week: Long/Neutral Trend Analysis I'm not sure what to call the secondary (intermediate-term) trend for August Feeder Cattle, so I'll classify it as sideways this [...]
Lean Hogs
DNAI Algorithm Weekly: Short/Neutral Previous Week: Short/Neutral Seasonal Analysis The August contract tends to trend down from the second weekly close of March through the last weekly close of June [...]
Cotton
Theoretical Positions Cash sales were likely made during harvest. Investors could’ve bought the July contract near the weekly close of 65.82 (February 13) based on a bullish 2-week reversal pattern. [...]
DNAI In-House Algorithm Summary
I created this summary of weekly (intermediate-term) DNAI algorithm readings from what Ben sends me each week, with highlights: Yellow: A change within the same reading (e.g. Long/Neutral to Long/Reduce) [...]
KC > OJ
I’ve been asked about my recent comments regarding John Dickinson. Recall Mr. Dickinson was an American Founding Father from Pennsylvania. As a member of both the First and Second Continental [...]
Corn
Corn national average basis firmed again last week but remained weak following the roll from the July contract to the September. Last week’s calculation came in at 28.5 cents under [...]
Soybeans
The soybean national average basis market was volatile last week before holding at neutral following the roll from the July futures contract to the August issue. Last week’s calculation came [...]
HRW Wheat
The HRW wheat national average basis market remained weak despite the roll from the July to September futures contract. Last week’s calculation came in at 59.75 cents under September futures [...]
SRW Wheat
SRW wheat national average basis remained neutral at the rolled from the July to September futures contract. Last Friday calculation came in at 51.5 cents under September futures (green square [...]
HRS Wheat
The HRS wheat basis market was volatile last week, but remains weak. Last week’s calculation came in at 51.0 cents under September futures (green square marker) as compared to the [...]
Live Cattle
At the end of the day, the US Live Cattle national average basis market remains bullish indicating continued solid immediate-term demand in relation to supplies. The National Live Cattle Index [...]





















