Flippity Flop
Afternoon Summary: As Tuesday played out, we did see a number of its potential personalities come to light. First and foremost, it was indeed a Turnaround Tuesday, particularly in US [...]
Commitments of Traders: Soybean Oil
As I talked about in Morning Commentary, Tuesday is a lot of things. But more importantly, from a market point of view, it is the last positioning day before CFTC [...]
Take Your Pick Tuesday
Morning Summary: Today can be a number of things, depending on 1) how it plays out and 2) how one chooses to view it. What we know for sure is [...]
The Beat Goes On
Afternoon Summary: I stepped away from the quote screen for a while today, needing to run some errands. I should’ve known better, given the time of year we are in [...]
May the Fourth…
Morning Summary: Those of us who were still young back in the late 1970s remember just how big the original Star Wars movie was. (Even though, as time went on, [...]
Live Cattle
Live Cattle national average basis is weak. This should be viewed as a bearish fundamental factor for the market. The National Live Cattle Index (LEY00) came in at $247.78 last [...]
Nov Soybean Futures Continuous Monthly
As I was finishing Monthly Analysis of Grains, I saw a glitch occur on the quote screen, dropping the Nov26 futures contract to $0.00. I had to laugh, as it [...]
Long-Term Investment Positions Summary Table
I've created a Summary Table of long-term investment Theoretical Positions based on Monthly Analysis. Let me know what you think. The bottom line is the commodity complex in general looks [...]
Financials
The S&P 500 ($INX) to its major (long-term) uptrend during April, extending the move to a new all-time high of 7,219.83 before closing at 7,209.01, up 10.4% for the month. [...]
Currencies
The US dollar index ($DXY) confirmed a new major (long-term) uptrend by completing a bullish key reversal during March. Theoretical Positions: If still short heading into March, investors would’ve covered [...]
Soybean Crush: March 2026
The March 2026 Oilseed Crushings report from USDA/NASS was released on Friday, May 1. 227 mb of soybeans were reportedly crushed during March as compared to 214 mb during February [...]
CFTC Commitments of Traders
Net Positions as of Tuesday, April 28 (Legacy, Futures Only) Corn: Net-long 340,740 contracts (an increase of 77,008 contracts) HRW Wheat: Net-long 12,640 contracts (a decrease of 1,698 contracts) Soybeans: [...]