As you know, I've been keeping a close eye on the May-July corn futures spread for many months. This spread gives us a read on expected supply and demand for [...]

Now that USDA's Ag Outlook Forum is out of the way, or at least the guessing on 2025 crops part, the spotlight will grow brighter on the Dec25-Dec26 corn futures [...]

In my latest round of Weekly Analysis, when talking about new-crop Dec25 corn in Theoretical Positions, I included: Hedgers Increase cash sales of leftover 2024 bushels (See Weekly Analysis: Cash [...]

The May sugar futures contract extended its secondary (intermediate-term) uptrend last week to a high of 19.19 (cents per pound) before closing Friday at 19.16, up 1.30 for the week. [...]

We are halfway through February, and roughly one month until the next meeting of the US Federal Reserve scheduled for March 18 and 19. The debate over who should have [...]

I know I've posted this chart before, but the reported events in Ukraine overnight (real or not) got me to thinking about what happened in Chicago wheat when the Chernobyl [...]

There are a couple reasons for the May-July futures spread to move into the spotlight in early February: As discussed in Morning Commentary, Friday is the beginning of the Goldman [...]

As I mentioned in Wednesday's Afternoon Commentary, the nearby March-May corn futures spread is getting more interesting ahead of this Friday's start to the latest Goldman Roll. What is this [...]

I was asked Tuesday how high I thought July Corn could go. I gave the same answer as I did to the query about July Soybeans: I don't know. But [...]

I had a question come in asking how high the July soybean contract could go. My answer was the one that has become standard of late: I don't know. As [...]

While I don't tend to pay much attention to short-term daily charts, the March corn edition is growing more interesting. After posting a new high of $4.9750 last Wednesday: March [...]

I know I updated Currencies in Monthly Analysis this past weekend, but Ben brought the Sunday evening activity to my attention. Canadian Dollar (slide 1) As mentioned this weekend, the [...]

Friday promises to be an interesting session with a number of markets in position to complete reversal secondary (intermediate-term) reversal patterns on their respective weekly charts. Earlier this morning, I [...]

Yes, I'll be updating my Weekly Analysis with the April Live Cattle contract over the weekend, but I want to talk about the contract's weekly chart before Friday's session unfolds. [...]

As mentioned in Wednesday's Afternoon Commentary, the May-July soybean futures spread closed at a carryon 13.5 cents, taking out its previous low daily close of 13.25 cents from November 4. [...]

Today is Wednesday, known this time around as Fed Day, meaning among other things US Fed Chairman Powell will make an interest rate announcement at the conclusion of this month's [...]

As discussed in Monday's Afternoon Commentary, there is much to discuss on the daily close-only chart for the March-May soybean futures spread. Early Tuesday morning finds the spread at a [...]

March corn grew more interesting overnight, from a technical point of view. A look at its minor (short-term) daily chart shows: Daily stochastics completed a bearish crossover above 80% at [...]

I had some questions come in about the Euro. While I'll be taking a look at the long-term monthly chart next week, my friend pointed out some of the technical [...]

The US dollar index was under pressure again overnight, falling to a low of 107.28, down 0.77 from Thursday's close. As I talked about Monday in this space, the Index [...]

As I mentioned in the Weekly Schedule earlier this week, USDA will release its Cattle on Feed report this coming Friday, numbers as of January 1, 2025.  I have one [...]

I want to discuss a hypothetical Corn position and what some of the next moves could be. Let's set the game table: The Corn market has been in a major [...]

As mentioned in Tuesday's Afternoon Commentary, the March soybean contract did indeed blow through it previous high of $10.64 on its way to a session peak of $10.68, confirming a [...]

One of the markets discussed with Jesse Allen on this morning's Agriculture of America talk show was the US dollar index. Monday morning has seen the greenback lose as much [...]

As I was putting Friday's Morning Commentary together, I took a look at the daily chart for March soybeans, and wanted to use if for the Chart of the Day. [...]