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 [...]

I was on the phone with a friend from central Nebraska, and he asked how big of a retracement we've seen in Dec26 corn to this point. Given the degree [...]

There is a lot going on in the commodity complex these days, and much of it doesn't seem to make sense. I'll talk about applying my Market Rules again in [...]

As you recall, I've talked recently about possibly selling Dec26 corn calls. The short-term trend looks to be turning down. Dec26 is testing the high end of both the secondary [...]

For What It's Worth And what I mean by this is, as you know, I don't put much importance on classic technical analysis these days, particularly when it comes to [...]

Going through some of the seemingly countless charts I keep an eye on and I found this daily chart for May silver interesting. Last Friday saw the contract extend its [...]

I'll look at the April Live Cattle contract in more detail over the weekend, but as we head into Friday's session what stands out to me is the contract is [...]

Let's take another look at the minor (short-term) 5-wave uptrend pattern on the daily chart for November 2026 soybeans following Wednesday's nonsense from the US president/self-proclaimed president of Venezuela/wannabe Grand [...]

Tuesday afternoon, a friend from central Nebraska called with a market question, but rather than corn, soybeans, cattle, and so on, he asked about coffee. Tuesday's close saw the market [...]

As I discussed in Tuesday's Morning Commentary, I'm still not a fan of short-term daily charts, but as I ran the traps of some of the markets in the Grains [...]

Now that Punxsutawney Phil has confirmed there will (likely) be more soybean acres planted in the US this spring, we turn our attention to the Nov26-Jan27 soybean futures spread. While [...]

As we head into the last trading session of January, with the Dog Days of Winter (Summer in South America) just ahead, the March-May soybean futures spread continues to see [...]

The Gold Cash Index extended its incredible, frightening run to a high of $5,595.02 overnight through early Thursday morning. A look at the Indexes daily chart - I'll be talking [...]

A friend from central Nebraska called Wednesday afternoon with a spot-on observation about the corn market. He started our conversation by saying, "Given the weak carry in the March-May corn [...]

The daily close-only chart for March silver shows just how volatile the contract has become. March closed at $77.196 on Friday, December 26, a gain of 7.7% On Monday, December [...]