As I mentioned in Thursday's Morning Commentary, both the SRW and HRW September contracts are in position to complete bullish spike reversals on their respective weekly charts. The SRW issue [...]

The daily chart for the November-January soybean futures spread is worth keeping an eye on. Wednesday saw the spread close at a carry of 14.0 cents, one tick below its [...]

Is the downtrend in the August-October live cattle futures spread warning us consumer demand for high priced beef in the US is waning? Or is something else going on? From [...]

According to John Kemp, formerly of Reuters now head of JKempEnergy.com, "Hedge funds and other money managers sold the equivalent of 95 million barrels of ICE Brent futures and options [...]

At 14:00 (ET today, Wednesday, June 17, new US Fed Chairman Warsh, aka Howdy Doody (see Morning Commentary) is expected to announce no change to the Fed fund futures rate. [...]

It has been an interesting Friday morning, with noon (ET) still m0re than an hour away as of this writing. The day began with the usually entertaining but seldom enlightening [...]

A friend asked if I would take a look at August feeder cattle from a short-term technical point of view. My Blink reaction is the minor (short-term) downtrend the contract [...]

It has been an interestingly long holiday-shortened week for the Dec26 futures contract. Friday morning has seen Dec26 fall as much as 6.0 cents, taking out Thursday's low of $4.7650 [...]

If you are following along with Weekly Analysis, there is a chance you sold Dec corn $5.00 calls at Tuesday's open. From this past weekend's Corn Analysis: Based on seasonal, [...]

I don't know if it means anything - and I mean that - but Tuesday's selloff by July corn brought the contract within sight of its 200-day moving average. July [...]

Those of you following along with the long-term Theoretical Positions in Monthly Analysis, either for hedging or investing purposes, will recall I use the Dec-Dec corn futures spread in the [...]

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 [...]

Later today, Wednesday, April, 29, US Fed Chairman Powell will step to the microphone and announce no change to the Fed fund rate, leaving it between 3.5% and 3.75%. The [...]

As mentioned in Wednesday's Afternoon Commentary, the November soybean futures contract left us some interesting technical patterns. To begin with, Nov came within one tick of its previous high of [...]

There are a couple technical analysis points of interest on the daily close-only chart for July corn at Wednesday's settlement. Daily stochastics completed a bullish crossover below the oversold level [...]

I'm going to start this post with an asterisk: The analysis is based on classic technical analysis. As you know, I'm not sure we can use what we see with [...]

As mentioned in Thursday's Morning Commentary, the last couple months have seen soybean meal's forward curve move from a carry to an inverse, a move I call the Chili Pepper* [...]

A friend in the cattle industry just called and asked what was going on with live cattle futures spreads. He pointed out August closed last week $5.125 over the December [...]

After seeing a CNBC article* reporting that the spot price of Dated Brent reached 141.36 shortly after close on Thursday, leaving the basis at over $32/bbl, I was curious to [...]

As I was going through all the spread charts I track, the Dec26-Mar27 corn futures spread daily close-only chart stood out to me from a technical point of view. I [...]

Late in Thursday's session, I noticed something unusual with the Fed fund futures forward curve. Recall from Wednesday's Morning Commentary when I wrote: A look at the Fed fund futures [...]

As mentioned in Wednesday's Afternoon Commentary, the May-July corn futures spread is in a holding pattern on its daily close-only chart between 11.0 cents and 11.75 cents carry. More importantly, [...]

As I mentioned in Tuesday's Afternoon Commentary, the May-July soybean futures spread closed yesterday at a carry of 14.25 cents, a new lifetime low, before extending its move to 14.75 [...]

As I talk about in Monday's Morning Commentary, both the global Brent and US domestic WTI crude oil markets are at their highest price levels since June 2022 this month. [...]

Thinking about Weekly Analysis of Corn, I should've gone into more detail regarding my concern for the market. Take a look at the daily close only chart for the May [...]