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 [...]

The July 2022 Chicago (SRW) contract closed at $7.2625 Wednesday, putting it in the upper 16% of the contract's price distribution range based on weekly closes back through the 2012 [...]

The consolidation pattern seen on the weekly close only chart for November soybeans (see the discussion in Seasonal Analysis, "Holding the Bears at Bay") is also evident on the contract's [...]

Last Friday saw the December 2021 contract close at $5.5650, a price that put it in the upper 19% (green column) of its price distribution range based on weekly closes [...]

Like a number of other contracts, new-crop December cotton finds itself in the rarified air deep in the upper-third of its price distribution range. Thursday's close of 90.68 (cents per [...]

As I mentioned in Seasonal Analysis, Wednesday's close by the July 2022 Kansas City (HRW) wheat contract at $6.9625 (red column) put it in the upper 21% of its price [...]

When studying the previous 10-year price distribution for November soybeans, based on weekly closes only, the first this that jumps out at me is the degree of the range. Far [...]

Last Friday's close of $5.4525 by the December 2021 contract (green column) put it in the upper 22% of its price distribution range (based on weekly closes only) dating back [...]

I'll admit, I wasn't looking for live cattle issue to hit new contract highs Wednesday. Despite the recent gains by August versus October, I still see a bearish supply and [...]

One of the first things you'll likely notice about this price distribution chart for December corn is that I've expanded the data from the previous 5 years to the previous [...]

As I mentioned in my latest Weekly Column, "Waiting for Wheat Harvest", the 2021 July Kansas City wheat contract closed last Friday at $6.13, putting it in the upper 41% [...]

As I mentioned in Tuesday morning's seasonal analysis of November soybeans, the 12-month path the 2021 contract is on is comparable to what we saw from 2012 through 2014. Given [...]

New-crop December 2020 corn (solid red column) closed last week at $4.4850, putting it in the upper 2% of its price distribution range based on weekly closes only back through [...]

In my latest Weekly Column, "Mincemeat Pie", I applied Newsom's Market Rules to the live cattle market. This included a brief discussion of Rule #3: Use filters to manage risk. [...]

New-crop December 2021 corn futures popped to a new contract high of $4.7950 early Friday morning, again raising the question of "How high is high". I've had a number of [...]

Last week's close by April Lean Hogs at $87.15 was the second highest weekly close by an April lean hog contract dating back through the 2016 issue, trailing only the [...]

Sometimes when I update a chart or study, I get a bit of a surprise. Such was the case again Wednesday morning as I updated my Price Distribution study for [...]

We may have to give some serious consideration to getting some new-crop corn on the books, based on a number of different factors: The December 2021 contract looks to have [...]

I just got of the phone with a good friend in the cattle industry, a younger gentleman who has the opportunity to visit daily with those who much older who [...]

This price distribution chart for the cmdty National Soybean Price Index (NCPI, weighted national average cash price) is a solid example of what happens when: Global markets are opened up [...]

I wanted to follow up Sunday's look at December corn with an updated Price Distribution post for November soybeans. Again, this being Groundhog Week, the spotlight is bright on these [...]

I had a request come in for an updated look at new-crop Price Distribution studies for corn and soybeans. Starting with December Corn, we see last Friday's close of $4.4525 [...]

November 2021 soybeans posted a new contract high of $10.7075 early Wednesday morning, a day after registering a new high daily close of $10.65 Tuesday. I've had a few conversations [...]

I had a question come in over the weekend regarding the new-crop July 2021 Kansas City (HRW) wheat contract. Given the Chart of the Day discussion from Wednesday, December 2 [...]

As I talked about in my latest Weekly Column, "The Price Is Right", the cash soybean market looks to be on "the threshold of getting interesting" if indeed the the [...]