Next on the Agenda
Morning Summary: What a week it has been. And it is only pre-dawn Tuesday, meaning the next thing on the agenda is the two-day US Federal Open Market Committee meeting. [...]
Weekly Crop Conditions
I can't make this disclaimer speak loud enough, but here goes: NASS' weekly crop progress and condition numbers are not created by science or based on even a smidgen of [...]
Salad Days
Afternoon Summary: In the dictionary I’ve had on my desk since March 1983, salad days is defined as: A time of youth, innocence, and inexperience. That’s nice, right? But certainly [...]
Export Sales Announcement
USDA announced export sales Monday morning: 132000 mt of 2026-2027 soybeans to China 126,000 mt of 2026-2027 soybeans to unknown destinations
Walk Like an Egyptian
Morning Summary: I was going to refer to The Bangles song “Manic Monday[i]” for today’s Morning Commentary but realized I do that nearly every week. So, I changed it up [...]
Sunday Night Markets
The Energies sector remains volatile, and easily swayed by the latest headlines. This time around the weekly calendar we see markets posting strong losses on the lead, "Stock futures climb, [...]
Summer Road Trip 2026
I will be taking part in Barchart’s Grain Merchandising and Technology Roadshow, “The Winner’s Circle”*, again this summer. This year’s meetings are scheduled for: Tuesday, August 4 in Omaha and [...]
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) [...]
Corn
DNAI Algorithm Weekly: Long/Neutral Previous Week: Long/Neutral Theoretical Positions Producers: Cash sales were made during the previous uptrend. Including near $4.81 close the week of May 11 based on the [...]
Soybeans
DNAI Algorithm Weekly: Long/Reduce Previous Week: Long/Neutral Theoretical Positions Hedgers Some sales of Nov26 futures or new-crop cash were made during the seasonal uptrend. Investors May have gone long November [...]
Cotton
Theoretical Positions Hedgers may have sold 2026 expected production near 81.91, the Dec26 close on Friday, May 15 Dec26 completed a bearish key reversal Confirming a move to a seasonal [...]
SRW Wheat
DNAI Algorithm (Position/Action) Weekly: Long/Reduce Previous Week: Long/Add Theoretical Positions Producers: Most of 2026 production has likely been sold. However, if still holding bushels, sales could be made nearly last [...]
HRW Wheat
DNAI Algorithm (Position/Action) Weekly: Long/Reduce Previous Week: Long/Reduce Theoretical Positions Producers: Most of 2026 production has likely been sold. However, if still holding bushels, we can feed the market a [...]
HRS Wheat
Theoretical Positions Investors would’ve gone long the September issue near $6.1875, the close on Thursday, July 2 based on the completion of a bullish spike reversal on the contracts weekly [...]
Live Cattle
DNAI Algorithm (Position/Action) Weekly: Short/Reduce Previous Week: Short/Neutral Theoretical Positions Producers have likely been sellers in both cash and futures since mid-October. Given the collapse in cash versus futures, short [...]
Feeder Cattle
DNAI Algorithm Weekly: Short/Neutral Previous Week: Short/Neutral Theoretical Positions Producers have likely been sellers in both cash and futures. Investors are likely short September futures. The next move is a [...]
Lean Hogs
DNAI Algorithm Weekly: Long/Neutral Previous Week: Long/Neutral Theoretical Positions Producers might’ve established short hedges the week of March 9 as the October issue completed a bearish key reversal on its [...]
Corn
Corn national average basis remains weak. Last week’s calculation came in at 29.25 cents under September futures (solid green line). as compared to the previous week’s figure of 28.75 cents [...]
Soybeans
The soybean national average basis market continues to firm but remains neutral. Last week’s calculation came in at 38.75 cents under the first Jar Jar Binks August contract (solid green [...]
HRW Wheat
The HRW wheat national average basis market continues to firm, but remains weak. Last week’s calculation came in at 57.0 cents under September futures (solid green line) as compared to [...]
SRW Wheat
SRW wheat national average basis remains neutral. Last week’s calculation came in at 57.5 cents under September futures (solid green line) as compared to the previous week’s 56.5 cents under [...]
HRS Wheat
The HRS wheat basis market continued to firm, moving into neutral territory. Last week’s calculation came in at 48.0 cents under September futures (solid green line) as compared to the [...]





















