December Corn Daily
While Dec25 corn looks to be consolidating on its short-term daily chart, there is a lot going on with the market. Dec25 looks to be nearing a move to a [...]
While Dec25 corn looks to be consolidating on its short-term daily chart, there is a lot going on with the market. Dec25 looks to be nearing a move to a [...]
The US dollar index continued to firm overnight through early Monday morning, hitting a high of 99.94, up 0.14 from last Friday and sitting near that mark as of this [...]
Looking through some of my charts while writing Thursday's Morning Commentary, this January soybean daily study stood out to me. I'm not sure what to call this pattern, but there [...]
Wheat is a buy. Now that I've made you spit your morning coffee on your computer monitor, let me explain. The Teucrium Exchange Traded Fund (ETF) WEAT, based on the [...]
During the conversation with my friend from central Illinois Monday, he asked if the soybean market had moved into a major (long-term) uptrend. Yes. During yesterday's rally, the Teucrium Soybean [...]
It's pre-dawn Tuesday morning. In a number of hours, the US Federal Open Market Committee (Fed, FOMC) 2-day meeting will get under way, raising the volume of the debate about [...]
I just got off the phone with a friend from central Illinois. He, like many of you, provides me with an on-the-ground view of what is happening, with this morning's [...]
Recall from Tuesday morning's look at the January Soybean daily chart, I mentioned how the first two points of the trend line creating overhead resistance were established with reversal patterns: [...]
The Soybean market extended its short-term rally overnight, with the more heavily traded January contract reaching a high of $10.5550, up 5.5 cents from Monday's close. Jan26 remains in a [...]
Keeping with the theme of daily close-only charts, let's take a look at November soybeans as we head toward another harvest weekend. Nov25 seems to have settled into a sideways [...]
To simplify the technical analysis of December corn, let's look at the contract's daily close only chart. Here we see resistance at the round number $4.30 The close on September [...]
George K.,my young friend from Greece, ask me yesterday afternoon how much lower December cotton could go. This has become a familiar question of late, not just for cotton but [...]
Given the discussion in Monday's Afternoon Commentary, I wanted to show you what I see with the January soybean futures contract from a technical and fundamental point of view. Technical [...]
As mentioned in Wednesday's Morning Commentary, the November soybean futures contract looks to be in a minor (short-term) uptrend on its daily chart. This move began with an impressive key [...]
As you've likely noticed by now, King Gold has taken center stage. Overnight through early Tuesday morning the December futures contract breached the $4,000 (per troy ounce level), hitting a [...]
I had a question come in Thursday regarding longer-term positions in corn. After reading recent Weekly Analysis and the latest Monthly Analysis, my friend wanted to know how much upside [...]
I'm sure by now you've picked up on the daily theme of how quiet the corn market is. In fact, as I get ready to put Friday's Morning Commentary together, [...]
As discussed in Wednesday's Morning Commentary, last Friday's Commitments of Traders report showed noncommercial traders held a net-long futures position in soybeans of 21,187 contracts, an increase of 12,864 contracts [...]
As mentioned in Tuesday's Morning Commentary, the commercial side of the feeder cattle market has seemingly been selling the recent noncommercial led rally. The October-November futures spread posted a high [...]
At the end of last week, the December 2025 futures contract looked to be in a minor (short-term) sideways trend on its daily chart. Sideways because there is not a [...]
As mentioned in Monday's Afternoon Commentary, the October-November feeder cattle futures spread had an impressive start to the week. After settling last Friday at $2.55, when yesterday's closing bell rang [...]
After Tuesday's bloodbath in the cattle markets, it would be easy to post a number of charts looking at live cattle, or feeder cattle, or both from a technical point [...]
As mentioned in Tuesday's Morning Commentary, the Dec25 corn futures contract continues to hold near $4.20. As I said, this makes it 420-friendly. Putting that Dad Joke aside, Dec25's daily [...]
Just as I was posting Monday's Afternoon Commentary, highlighting the commercial buying seen in the corn market, my friend from central Illinois called. He started our conversation by asking if [...]
Given the Goldilocks Principle that tells us, "Daily charts are too hot, monthly charts are too cold, but weekly charts are just right", I hesitate to post daily charts as [...]