Jan-March Soybean Futures Spread
As mentioned in Monday's Morning Commentary, last week's activity in the Jan-March soybean futures spread indicated export sales were continuing to be made. From Friday to Friday, the spread saw [...]
As mentioned in Monday's Morning Commentary, last week's activity in the Jan-March soybean futures spread indicated export sales were continuing to be made. From Friday to Friday, the spread saw [...]
As mentioned in Friday's Morning Commentary, the Russian ruble has been the subject of a great deal of discussion of late. A look at the ruble's monthly chart shows it [...]
I had a question come in about December 2025 corn. My friend was concerned it was time to throw in the towel and start rehanging for next year. This is [...]
Monday was an interesting day for January feeder cattle. In fact, you could say it was a "screwy"s session, a statement that is correct on a number of levels given [...]
The daily chart for January soybean oil is a good example of what I call the Goldilocks Principle, "Daily charts are too hot, monthly charts are too cold, but weekly [...]
Friday afternoon brings with it USDA's Cattle on Feed report for NOVEMBER 1. Yes, I intentionally highlighted the fact these numbers are 1 month to 2 months old upon release. [...]
January Canola go caught up in the oilseed sub-sector selloff Wednesday, taking out its previous 4-week low of $624.50 on its way to a mark of $613.50 through early Thursday [...]
As mentioned in today's Morning Commentary, it will be interesting to see what happens with January soybeans. Yes, China's Xi and Brazil's Lula are putting on a show, but that [...]
As mentioned in Tuesday's Morning Commentary, corn futures spreads continue to grow more bullish. At Monday's close: The Dec24-Mar25 (blue line) covered 33% calculated full commercial carry While the Dec24-Jul25 [...]
Today's Opening Summary to Morning Commentary talked about the expected rally by February Gold. The move would make sense from both a fundamental and technical point of view. Fundamentally, investment [...]
I've had some requests come in to cover Soybean Oil in Weekly Analysis, so for now I'll put it in Canola's spot in the rotation. But I'm not going to [...]
After posting Thursday's Afternoon Commentary when I talked about how the November 2024 soybean contract had expired with the Nov-January futures spread covering 6% calculated full commercial carry, a friend [...]
As expected, given the potential for a Benjamin Franklin Fish Analogy*, March corn was able to post a small rally overnight through early Thursday morning. The March issue** posted a [...]
As mentioned in Wednesday's Morning Commentary, the daily chart for Dec24 corn is getting more interesting. The past three session and overnight through early Wednesday morning has seen the contract [...]
December Gold was under pressure again overnight through early Tuesday morning, dropping as much as $22.00 (0.8%). As of this writing the contract was still down $20.30, sitting at $2,597.30. [...]
While I continue to advocate the Joe Friday Fact (It's just a fact, the next Friday's close is more important than Sunday's open.), I did find myself watching the soybean [...]
As mentioned in Friday's Morning Commentary, the US boxed beef markets stood out to me given the sharp drop reported Thursday evening. According to USDA (so take it for what [...]
Things can change quickly in markets. We all know that. Back on Friday, November 1 in Monthly Analysis I concluded the major (long-term) trend had turned down on the S&P [...]
There is a lot to talk about on the daily chart for the January soybean futures contract early Wednesday morning. Let's set aside all the potential fundamental ripple effects of [...]
I had a question come in about cotton national average basis, wondering if it was a good read on that market's real supply and demand situation. My initial reaction is [...]
As mentioned in Morning Commentary, the next 2-day USFederal Open Market Committee meeting begins Wednesday and concludes Thursday with an announcement on interest rates. Understandably, this chart could be viewed [...]
I had a question come in Thursday afternoon, wanting my opinion on the minor (short-term) outlook for March cotton. At yesterday's close, I did not have a clear bullish reversal [...]
As mentioned in Wednesday's Afternoon Commentary, the Dec24-Dec25 corn futures spread closed below short-term support on its daily close-only chart at 28.75 cents carry. The spread settled yesterday at 29.0 [...]
The more heavily traded January soybean futures contract is in position to complete a bullish key reversal on its daily chart, confirming a move to a new minor (short-term) uptrend. [...]
As mentioned in Tuesday's Morning Commentary, the US dollar index has made an impressive move over the past month despite indications the US Federal Open Market Committee will make another [...]