May-July Soybean Futures Spread Daily
As discussed in Wednesday's Morning Commentary, the May-July soybean futures spread continues to see its carry strengthen. Tuesday's close saw the spread at 15.0 cents carry and cover 54.5% calculated [...]
As discussed in Wednesday's Morning Commentary, the May-July soybean futures spread continues to see its carry strengthen. Tuesday's close saw the spread at 15.0 cents carry and cover 54.5% calculated [...]
A currency that could make it onto the Monthly Analysis list is the Mexican peso. The Mexican peso (^MXNUSD) extended its major (long-term) uptrend to a high of 0.050382 during [...]
While I don't usually spend much time on daily charts, due to the Goldilocks Principle*, a friend in the brokerage industry sent me a message Friday afternoon that was good [...]
As discussed in Wednesday's Chart of the Day: Given the ongoing contra-seasonal minor (short-term) downtrend on Dec25 corn's daily chart and high implied volatility of 23.3% with the short-dated new-crop [...]
Gold is once again making headlines for reaching all-time highs, so I thought we could take a look at the copper-to-gold ratio. This ratio offers a glimpse into industrial versus [...]
As you'll recall, I don't usually spend much time analyzing daily charts. Though I've modified my stance on the Goldilocks Principle[i] over the years, focusing on monthly charts for long-term [...]
You'll recall I've been keeping an eye on the short-dated new-crop May corn $4.40 put. (See the Chart of the Day for Monday, March 24). The idea was to complete [...]
Last week during my market discussion with Michelle Rook, she mentioned the Pork and Bean spread. After I asked what she was referring to, she told me a long-time trader [...]
As mentioned in Monday's Morning Commentary, implied volatility in the corn market remains high. This brings the first three of my market rules into play as attention continues to turn [...]
As I was thumbing through a variety of charts Friday morning, I stumbled upon the July Orange Juice weekly. The OJ market has gotten some press lately from its free [...]
I know the overwhelming opinion in the industry is to be bullish cattle. And why not? After all: Futures contracts, both live and feeder, seem to hit new highs every [...]
Today's Chart of the Day is an updated look at the monthly close-only study for US boxed beef markets. Yes, I know, it is only March 19, and as good [...]
As mentioned in today's Morning Commentary, its another Fed Wednesday meaning US Fed Chairman Powell will make an interest rate announcement at the conclusion of this month’s Federal Open Market [...]
My friend from Greece recently pointed out a strange correlation he had spotted between the S&P futures and Coffee futures. If we look at the individual continuous weekly charts (S&P [...]
In Monday's Afternoon Commentary, I talked about how the May-July corn futures spread closed unchanged at a 9.0-cent carry, equaling its lifetime low posted the previous Friday. The spread also [...]
Similar to what I do for corn and soybeans in Weekly Analysis, I put together a study showing changes in the calculated full commercial carry covered by HRW wheat futures [...]
With gold hitting all-time highs today, I thought it would be a good time to look at the current gold-to-silver ratio. Simply put, this ratio is the price of gold [...]
I mentioned the gold market in Friday's Morning Commentary, and wanted to take a moment to do a mid-month updated look at the long-term trend of the Cash Index (GCY00). [...]
I sometimes forget to pull the next day's Chart of the Day at the previous day's close. It can be important, particularly when talking about futures spreads, which I often [...]
There is a lot going on with US stock indexes in general, the S&P 500 index in particular, as we near the midpoint of March. Last week saw the S&P [...]
I mentioned in Morning Commentary how implied volatility in corn was higher than normal for this time of year. Later, I visited with Ben about the volatility charts he created [...]
There is a lot going on, short-term, with the live cattle market. Fundamentally Cash in the south was reported at $197 in Texas, unchanged from last week with Kansas running [...]
The first thing that jumped out at me Wednesday morning was the fact the July-September HRW wheat futures spread had strengthened beyond the 100% calculated full commercial carry level of [...]
I know folks have positions in both old-crop and new-crop corn, so I wanted to take a quick look at daily charts for both early Tuesday morning. Why? Because both [...]
A currency that could make it onto the Monthly Analysis list is the Mexican peso. The Mexican peso (^MXNUSD) completed a bullish spike reversal on its monthly chart, confirming a [...]