As discussed in the latest Weekly Analysis: Corn (Futures), investment traders could look at rolling long Dec24 corn futures to Dec25 with the spread at a carry of 25.75 cents [...]

Yes, the October 1 Cattle on Feed numbers will be released Friday about this time. I know a lot of folks in the cattle industry get worked into a lather [...]

If you tuned into this post thinking I was taking an updated look at the Dec24-Dec25 corn futures spread, you're close. This is the same spread in the cotton market. [...]

As Tuesday comes to a close, the January soybean contract closed at $10.0050, up 10.75 cents for the day and still 3.25 cents off its session high. Going into the [...]

As mentioned in Afternoon Commentary, investment traders are keeping a close eye on the Dec24-Dec25 corn futures spread. The spread closed Monday at a carry of 27.75 cents, 2.75 cents [...]

The gold market has been in the spotlight again this week*, and rightfully so. Thursday saw the December 2024 futures contract post a new all-time high daily close of $2,707.50. [...]

As you know, I'm not a big believer in short-term patterns on daily charts, hence what I call the Goldilocks Principle: Daily charts are too hot, monthly charts are too [...]

Has the weather improved in Brazil? This question will continue to be heavily debated over the coming weeks and/or months, with attention turning toward the soybean market. For now, though, [...]

As we turn our attention toward the January soybean futures contract, we see its weekly chart is showing a similar pattern to what has been discussed with the November issue [...]

Dec24 corn extended its minor (short-term) downtrend overnight t0 a low of $4.1325, down 2.5 cents from last Friday's close. This has pulled daily stochastics closer to the oversold level [...]

One of the most asked about markets this week has been orange juice given a second major hurricane has struck Florida this month*. What stands out to me about this [...]

As mentioned in the Chart of the Day for Thursday, October 3, the November 2024 contract had moved into a minor (short-term) downtrend. The Wave 5 peak of the previous [...]

As mentioned in yesterday's Afternoon Commentary, the December-March Chicago (SRW) wheat futures spread posted a new low daily close of 24.0 cents carry Monday. This extended the downtrend well beyond [...]

I had some time to run the traps of charts not covered in Monthly Analysis, and found something interesting on the December cotton continuous (Dec only) monthly. Similar to the [...]

The National Corn Index (NCI, national average cash price) is a good example of corn's characteristic Round Number Reliance*, as well as the very basics of trend analysis (price direction [...]

The November 2024 soybean contract was under pressure again overnight through early Thursday morning, continuing to indicate it has moved into a minor (short-term) downtrend. This should be viewed as [...]

As discussed in Wednesday's Afternoon Commentary, the Chicago (SRW) wheat market is relatively easy to read. On Tuesday, September 10, Dec24 closed at $5.7425, up 7.5 cents from the previous [...]

The Dec24-Dec25 corn futures spread remains in an uptrend on its daily close-only chart. Last Friday saw the spread finish at a carry of 34.75 cents, one tick above the [...]

As mentioned in Monday's Morning Commentary, the December cocoa contract is under pressure to start the week. Dec24 lost as much as $516 (per metric ton), or roughly 6.3%, as [...]

As we head into Friday's session, we need to keep an eye on December Lean Hog. The Dec contract extended its secondary (intermediate-term) 5-wave uptrend to a high of $75.80 [...]

There has been a good deal of discussion lately about the soybean oil market. Let's take a look at bean oil's structure as we approach the end of the 2023-2024 [...]

As mentioned in Wednesday's Morning Commentary, the December Chicago (SRW) futures contract remains in a secondary (intermediate-term) uptrend on its weekly charts and a minor (short-term) downtrend on its daily [...]

While we are on the subject of the soybean market (see Tuesday morning's Price Distribution Analysis of the National Soybean Index), the November futures contract took out its previous 4-week [...]

As we head into Tuesday's session, there are a couple interesting items on the Dec24 corn daily close-only chart. Monday's close of $4.1350 was just above the previous high daily [...]

A friend sent in a request to take a look at the January feeder contract from an intermediate-term to long-term view. Based on the Goldilocks Principle (Daily charts are too [...]