As I mentioned in Thursday's Morning Commentary, December Chicago wheat looks to have moved into a secondary (intermediate-term) uptrend on its weekly chart after completing a bullish spike reversal the [...]

Looking ahead to this coming Friday's CFTC Commitments of Traders report (legacy, futures only), we could see a new record short futures position in the soybean market. Recall these reports [...]

Taking a similar tack to Monday, Tuesday's Chart of the Day looks at the daily close-only chart for the Nov24-Nov25 soybean futures spread. Why? A couple reasons: Investment traders short [...]

When all was said and done Monday, Dec24 gained 1.25 cents on the Dec25 futures contract. This trimmed the carry in the spread from last Friday's close of 45.5 cents [...]

The last time I looked at Dec25 corn as the Chart of the Day, July 26, the contract had not yet completed a clear bullish reversal pattern on its weekly [...]

As I was digging through my plethora of charts Wednesday morning, this September feeder cattle weekly stood out to me. You like recall Monday's meltdown out in the Barn, including [...]

I had a request come in, asking if I could take a look at live cattle spreads and what we learned about supply and demand during July. I quickly analyzed [...]

Last week’s activity in soybean futures spreads indicated the commercial side of the market grew more comfortable with the production potential of the 2024 US soybean crop. For the most [...]

Last week's activity in corn futures spreads was not only telling regarding the commercial view of the 2024 US crop, but as it turns out an omen for how this [...]

While focusing on Monthly Analysis today, I want to highlight the Japanese yen. The  Japanese yen (^JPYUSD) completed a bullish key reversal during July, initially extending its previous major (long-term) [...]

As mentioned in Friday's Morning Commentary, the Dec24-March25 corn futures spread closed Thursday at a carry of 16.75 cents and covered roughly 53% calculated full commercial carry. At last week's [...]

As we near the end of the month, I came up with a Barker’s Dozen (13) markets that were in position for possible technical reversal patterns on their long-term monthly [...]

As we near the end of the month, I came up with a Barker's Dozen (13) markets that were in position for possible technical reversal patterns on their long-term monthly [...]

As you've likely heard by now, the US Federal Open Market Committee's July meeting kicks off Tuesday and concludes with an announcement on interest rates Wednesday afternoon. A great deal [...]

I had a question come in regarding short hedges in the Dec25 Corn futures contract. My friend wanted to know if it was time to buy these positions back given [...]

December gold was hit hard overnight through early Thursday morning, falling as much as $50.60 (2.1%) on trade volume of 104,500 contracts. Dec24 gold was still sitting $44.50 lower pre-dawn, [...]

As mentioned in Tuesday's Afternoon Commentary, Dec24 corn is in position to complete a bullish spike reversal on its long-term continuous (Dec corn only) monthly chart. Dec24 has already posted [...]

The November 2024 soybean futures contract took a big step toward completing a bullish reversal pattern on its long-term continuous monthly chart Monday. Recall Nov24 closed yesterday at $10.6875, up [...]

As mentioned in Monday's Afternoon Commentary, the September Minneapolis (HRS) wheat contract saw follow-through buying from last week as this week got under way. September rallied as much as 15.75 [...]

Those of you following along with long-term Monthly Analysis will recall the big three US stock indexes have been in major (long-term) uptrends since the end of October 2022. Since [...]

I had a question come in about the lumber market Wednesday. (As always, thanks to all of you for your questions, comments, and conversations.) My young friend wanted to know [...]

As mentioned in today's Morning Commentary, the November soybean contract posted a bullish spike reversal on its daily chart Tuesday. Theoretically, what this tells us is the contract's minor (short-term) [...]

If you've been following along with my Analysis and Commentary the last couple years, you'll recall I've been keeping a close eye on the National Soybean Index (NSI, national average [...]

As mentioned in Morning Commentary, early Thursday will see the release of the June Consumer Price Index followed by Friday's Producer Price Index figures for the same month. There will [...]

I was asked if I could do a follow-up to the Chart of the Day from Tuesday, July 2 with another look at the daily chart for August Live Cattle. [...]