After mentioning it in Thursday's Morning Commentary, I wanted to post another Chart of the Day looking at Dec25 corn's daily chart. Wednesday saw the contract extend its previous minor [...]

2025-2026 SRW Wheat Fundamentals: Neutral-to-Bearish Futures Spreads (as of Wednesday, April 29) The July-September spread (blue line) covered 66% as compared to last Friday’s of 67% and the previous weekly [...]

New-crop 2025-2026 HRW Wheat Fundamentals: Bearish, and not just a little bit Futures Spreads (as of Tuesday, April 29) The July-September spread (blue line) covered 99% as compared to last [...]

Going back to last Friday's settlement in the new-crop soybean futures spreads. Fundamentals: Neutral New-Crop Futures Spreads The Nov25-Jan26 spread (blue line) covered 45% as compared to the previous week’s [...]

New-crop 2025-2026 Corn Fundamentals: Neutral Futures Spreads The Dec25-Mar26 spread (blue line) covered 45% as compared to last week’s close of 39% The Mar26-May26 spread (gold line) covered 42% as [...]

Coming out of the weekend the Dec25 corn contract still looks to be in a short-term downtrend. Using classical technical analysis we would call the pattern a bear flag, with [...]

As I mentioned in Thursday's Afternoon Commentary, the July HRW Wheat futures contract completed a bullish spike reversal on its short-term daily chart. The reversal pattern also coincided with another [...]

The new-crop cotton market is getting more interesting, particularly from the commercial point of view. Weeks of rain, in some cases creating flood situations, across the US Southeast and eastern [...]

The latest set of Commitments of Traders reports was released Monday afternoon due to last week's Good Friday holiday. In most sectors, Watson was doing some buying the previous week [...]

A friend in the cattle industry asked me yesterday if I saw the same downtrend on August feeder cattle's weekly chart as I discussed in Weekly Analysis for the May [...]

As I visited with my friend Ernest Hoffman from Kitco. News late last week, there is growing evidence the rest of the world has lost confidence in the United States [...]

To go along with my latest Weekly Column (What About Wheat?), I want to take an updated look at the short option positions in Weekly Analysis: HRW Wheat. I talked [...]

The Livestock sector, in general, is a good example of the Goldilocks Principle (Daily charts are too hot, monthly charts are too cold, but weekly charts are just right). This [...]

Around midday Monday, Ben got in touch with me to update me on a possible change coming with our in-house algorithm. The Dec26 contract was nearing a sell. Keep in [...]

As discussed in Weekly Analysis, the June Lean Hog futures contract completed a bullish spike reversal on its weekly chart last week. This confirmed a move to a secondary (intermediate-term) [...]

Regarding the long-term investment Theoretical Position in Monthly Analysis for December Corn futures: I'm going to say open orders to cover short positions of the short-dated new-crop May $4.40 put [...]

My young friend from Greece sent in a question yesterday that cut right to the heart of the soybean market: Why do you think the soybean market saw commercial support [...]

Similar to Wednesday's Chart of the Day, this morning I want to look at the  short option position in new-crop HRW wheat. As I've said many times in Weekly Analysis, [...]

Recall from the long-term investment Theoretical Position in Monthly Analysis the short-dated new-crop corn May $4.40 put options were sold for 11.0 cents on March 28. This was due to [...]

It was an interesting first week of April for the S&P 500 Index. Monday (April 7) saw the S&P drop to a low of 4,835.04 before closing at 5.062.25. While [...]

As mentioned in Weekly Analysis this past weekend, the new-crop Dec25 corn contract looks to have completed a bullish spike reversal on its weekly chart at last Friday's close. Dec25 [...]

I had a request to take a look at the weekly chart for June live cattle, beyond the seasonal weekly close-only study in Weekly Analysis. At first glance at this [...]

I had a request for analysis of the August Feeder Cattle weekly chart following last week's volatile activity. The August issue posted a bearish outside week, trading beyond the previous [...]

As mentioned in the Breaking News Quick Take Friday morning, it was interesting to see new-crop November soybeans lose ground to the old-crop market. This activity puts the spotlight on [...]

The trend on this daily close-only chart for the new-crop Dec25-Mar26 corn futures spread is clearly down, meaning the carry in the spread continues to strengthen. The spread closed Wednesday [...]