December Corn
Given the discussion of a possible move to sub $4.00 by the December 2025 corn futures contract (see Wednesday's Chart of the Day), the question becomes where would that put [...]
Given the discussion of a possible move to sub $4.00 by the December 2025 corn futures contract (see Wednesday's Chart of the Day), the question becomes where would that put [...]
Is the cash soybean market a good buy at this time? If we block out all the noise of increased tariffs and reheated trade wars, the answer is a resounding [...]
As mentioned in Monday's Chart of the Day, the December 2024 corn contract closed last Friday at $4.1575. This put it near the lower 32% of the 5-year price distribution [...]
Investors in the corn futures market, particularly those trading December contracts only, are keeping a close eye on the Dec24-Dec25 futures spread. Technically, we know the spread has recently taken [...]
Recently, there has been increased global buying interest of US soybean supplies. There are a few reasons for this: Seasonality: The first six months of the marketing year (September through [...]
Let's get Friday's party started with a look at the Dec24-Dec25 corn futures spread. For this discussion I've posted the classic look at Price Distribution and the new charts that [...]
Monday morning I posted a look at the July Kansas City wheat's seasonal study, with both the 5-year and 10-year indexes showing the contract tends to rally from the first [...]
Following up the look at July Kansas City wheat's seasonal study, let's take a look at the same contract's price distribution[i] history. The July 2024 issue closed Tuesday at $6.9750 [...]
I had a question come in about November 2024 soybeans, with my friend wondering if it was priced high enough to sell. A look at this price distribution study for [...]
Tuesday's Chart of the Day looked at the daily chart for Dec23 corn in an attempt to answer the question of if the contract could return to the $6 level. [...]
During my appearance Monday on the Agriculture of America talk show, my friend and host Mike Pearson and I were talking about the diesel fuel market. Our conversation included technical [...]
It has been a while since I posted a price distribution study, mainly because most commodity markets remain in the process of redrawing historic ranges. It has been quite a [...]
I was visiting with a good friend in the cattle industry, and the subject soon turned to feeder cattle. He told me there was growing chatter from folks wanting to [...]
While November soybeans have seen a seasonal slide from its high weekly close of $15.6825 (see Seasonal Analysis), Monday's close by the contract of $14.3275 (green column) still had the [...]
As I mentioned in Seasonal Analysis, December corn dropped to a close of $6.74 last Friday as compared to the previous Friday's settlement of $7.31. This was a large enough [...]
One of the phone calls I had yesterday was about August feeder cattle, prompted by my the chart of the day talking about how the contract had extended its secondary [...]
As I talked about in Weekly Analysis: Soybeans, the November 2022 contract closed Monday at $12.31, putting it in the upper 23% of its price distribution[i] range based on weekly [...]
As I talked about in Weekly Analysis: Corn, the December 2022 contract finished last week priced at $5.51, putting it in the upper 17% of its price distribution[i] range based [...]
Continuing on with the requested look at live cattle futures price distribution, Thursday's post has to do with the June contract. Similar to what we saw in Wednesday's discussion of [...]
Let me begin by saying I appreciation the participation from all of you, as always. I had a request come in Wednesday morning for a look at Price Distribution for [...]
The new-crop July 2022 Kansas City (HRW) wheat contract has popped up in a number of conversations this week, more often than not in the form of a question as [...]
October feeder cattle closed Monday at $164.95, putting the contract in the upper 20% of its price distribution range based on weekly closes only back through the 2011 contract. This [...]
A common theme for most of my price distribution studies is individual contracts or markets in general are priced in the far upper reaches of there ranges regardless of timeframe. [...]
Those of you who have studied my price distribution charts over the years will notice something odd about this one for the cmdty National Corn Price Index (NCPI, weighted national [...]
Yes my friends, pigs can indeed fly, or in the case of the October (and December) 2021 contract soar like an eagle. Wednesday's close of $87.025 (red column) had October [...]