July SRW Wheat
I had a question come in over the weekend about something I said in Weekly Analysis for SRW Wheat. I mentioned given the July futures contract's contra-seasonal selloff, and with [...]
I had a question come in over the weekend about something I said in Weekly Analysis for SRW Wheat. I mentioned given the July futures contract's contra-seasonal selloff, and with [...]
Price Distribution: Bullish The July 2025 HRW Wheat futures contract closed Tuesday (April 29) at $5.31 (green column) putting it in the lower 21% of its price distribution range based [...]
Early Tuesday morning shows: Nov25 priced near $10.30 and Nov26 priced near $10.41 Price Distribution: Neutral-Bullish Nov25 (green column) priced at $10.3025 put it in the lower 37% of the [...]
Last Friday saw the Dec25 corn futures contract close at $4.5575, down 10.25 cents for the week while Dec26 settled at $4.6775, a weekly loss of 3.0 cents*. Based on [...]
As I've talked about recently, the US soybean market seems to have long ago adjusted to being a secondary player on the global stage. This is due, of course, to [...]
As previously discussed, Dec25 corn looks to be in an early 6-week Weather Scare*. As of last Friday's close at $4.66 the Dec25 issue has settled higher three consecutive weeks, [...]
As mentioned in Wednesday's Morning Commentary, the spot-mont WTI Crude Oil contract dropped to a new low of $55.12 overnight through the early morning hours and was sitting at $55.64 [...]
As I discussed in Monday's Afternoon Commentary, the National Soybean Index (national average cash price, intrinsic value of the market) dropped to near the lower-third of its 10-year price distribution [...]
In Tuesday's Afternoon Commentary, while discussing the foolish comments being made in the various markets of the Grains sector, I mentioned the popular, "The US is going to run out [...]
As I was putting charts together this past weekend, one study that stood out to me was this Price Distribution for Soybean Meal. The nearby May futures contract closed last [...]
It's interesting to note the old-crop corn market is seeing what looks to be a Noon Balloon*. While this could be nothing more than a recovering bounce, we should also [...]
With April less than a week away, planting season for US spring crops is growing larger on the horizon. We know most of the talk the past 6 months, including [...]
As mentioned in Monday's Chart of the Day, the Dec25 corn contract has dipped into the lower-third of its price distribution range based on weekly closes only back through 2020. [...]
As mentioned in Tuesday's Morning Commentary, the National Soybean Index (national average cash price, intrinsic value of the market) was calculated Monday evening near $9.4825. This meant: National average basis [...]
I mentioned in Friday's Morning Commentary that Eastern Hemisphere buyers could be showing some interest in the US cash soybean market. Immediately my mind jumped to the question of price [...]
I've had some questions come in about December Corn, both the 2025 and 2026 contracts. Technically, both remain in secondary (intermediate-term) uptrends on their respective weekly charts. However, stochastics for [...]
Continuing on with our discussion of May sugar (see Tuesday's Chart of the Day), a look at the market's Price Distribution study indicates investment traders could still view sugar as [...]
I had some questions come in regarding the latest Weekly Analysis for HRW Wheat. In Theoretical Positions, I added we could look at selling July HRW $6.60 of $6.70 call [...]
As I mentioned in Wednesday's Morning Commentary, the National Soybean Index (NSI, national average cash price) was calculated at $10.11 Tuesday evening, its highest daily price since $10.1450 on August [...]
In the Soybean market, the latest CFTC Commitments of Traders report showed noncommercial traders held a net-long futures position of 14,518 contracts, a switch of 64,519 contracts as of Tuesday, [...]
Last Friday's strong rally in the Grains sector saw the nearby March Corn contract close at $4.8425, putting it in the lower 48% of its price distribution range based on [...]
I also had a question come in about March sugar Wednesday afternoon. My friend wanted to know if the market was a potential buying opportunity given it is oversold and [...]
As mentioned in Friday's Morning Commentary, the March soybean contract closed Thursday at $9.99 (green column). This put it in the lower 29% of its 5-year price distribution range based [...]
This Price Distribution study for the National Corn Index (NCI, national average cash price, intrinsic value of the market) is a good reflection of the economic principle known as the [...]
I've been doing a great deal of thinking about the investment side of the corn market. Those of you following along with Monthly Analysis will recall the long-term investment Theoretical [...]