It's growing later in the afternoon on Wednesday, September 23, meaning there is only 1 week remaining until the end of another month. And is so often the case, the [...]

Those of you following along with Weekly Analysis might recall the Theoretical Positions could change Monday on the idea short (naked) October corn 525 call options would be covered. The [...]

My friend in the cattle industry just sent me a message, "I guess the US president is going to speak this afternoon. Rumor has it he banning US beef exports. [...]

As mentioned in Tuesday's Afternoon Commentary, and again Wednesday morning, it would not be surprising to see both live and feeder cattle markets come under pressure at midweek. On their [...]

The spot-month October diesel fuel (distillates, heating oil) contract hit a new all-time high of $5.2842 Tuesday morning, taking out the previous record of $5.2217 from April 2022. A few [...]

As mentioned in Tuesday's Morning Commentary, it promises to be a fun day in winter wheat, from a technical point of view. Let's start with December SRW: As of this [...]

Ben sent me a message that read, "Did you see the 10-year (yield)? It just hit 5%." This is something financial analysts have been watching closely given the continued rise [...]

Why am I posting a Chart of the Day looking at Dec26 corn's daily chart on a day when the only thing that matters is how USDA's manufactured numbers relate [...]

Heading into Friday's session, Live Cattle and Feeder Cattle contracts are in position to complete bullish reversal patterns on their respective weekly charts. After closing last week near weekly lows, [...]

As mentioned in Wednesday's Afternoon Commentary, November soybeans completed a bearish spike reversal on its short-term daily chart. What does this mean for Thursday's session? Probably nothing. After all, algorithms [...]

As mentioned in Friday's look at Corn's Commitments of Traders report (see Report Commentary and Quick Takes), the Dec26 daily close-only chart shows a potential double top formation. Dec26 closed [...]

Midday Update (11:50): Dec26 fell back to a low of $5.1150, up only 3.0 cents for the day before rallying back to $5.2275 Sell orders placed at $5.2250 (midpoint between [...]

As mentioned in Thursday's Afternoon Commentary, I have been keeping an eye on the December corn continuous monthly chart as August nears its end. Within the first couple hours of [...]

In Wednesday's Chart of the Day I mentioned how the September feeder cattle futures contract was in a minor (short-term) 3-wave downtrend. The minor selloff looking to be a Wave [...]

Recall from last weekend's Feeder Cattle Weekly Analysis: Trend Analysis The September futures contract extended its secondary (intermediate-term) uptrend to a high of $349.85 before closing Friday at $345.225, up [...]

I want to highlight the Nov26 soybean daily close-only chart this afternoon as it is possibly giving algorithms mixed technical statistics. On the Bearish side: Nov26 closed today at $11.6875, [...]

Do I think classic technical patterns matter in this day and age of algorithm-driven trade? No. But let's pretend for a moment it's 40 years ago, and technical analysts still [...]

As mentioned in Monday's Morning Commentary, Watson will be keeping an eye on the December Corn futures contract. A look at the issue's daily chart shows Dec26 has not closed [...]

As mentioned in Friday's Morning Commentary, there looks to be a dramatic Rubber Band Disposition building in the feeder cattle futures market. First, what is a Rubber Band Disposition? A [...]

As mentioned in Wednesday's Afternoon Commentary, corn futures spreads are getting more interesting: The September-December closed at a carry of 22.5 cents a new lifetime low daily close and covered [...]

For as long as I can remember, the argument talking heads in ag media rely on when asked why feeder cattle moved up or down that day has been to [...]

I want to discuss what I mentioned in Wednesday's Afternoon Commentary in more detail. Again, for those of you who may just be tuning in, the September-December corn futures spread [...]

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 [...]