November Soybeans: Only the Names Have Changed
The rally during the month of November 2020 has lifted the November 2021 soybean futures contract (green column) deep into the upper 33% of the price distribution range for November [...]
The rally during the month of November 2020 has lifted the November 2021 soybean futures contract (green column) deep into the upper 33% of the price distribution range for November [...]
A good friend sent me a message Monday asking a simple question, "Is it time to buy February live cattle?" I reverted back to my days as a Political Science [...]
I had a great question come in again Monday afternoon, this one having to do with August feeder cattle. My friend asked, "How does one read a weekly chart of [...]
As I talked about over the weekend, the December 2020 contract had an interesting week last week. Tuesday saw the contract post a new high of $4.2225, putting it in [...]
We've almost reached the end of the road for the November 2020 soybean futures contract, with option expiration this coming Friday before moving into delivery the week after that. The [...]
One could say that when it comes to King Corn, Cash is King. The sharp rally as September came to a close and October got rolling saw the cmdty National [...]
As I mentioned in Morning Commentary Thursday, the cmdty National Corn Price Index (NCPI, weighted national average cash price) was calculated at $3.38 Wednesday afternoon, putting it almost at the [...]
One of the studies I mentioned in Monday's Morning Commentary was price distribution for the December corn futures contract. The overnight through early morning selloff saw the Dec 2020 contract [...]
The Monday night into Tuesday morning overnight session saw November soybeans hit a high of $10.05 3/4 (solid red column), putting it in the upper 28% of its price distribution [...]
As I mentioned Thursday afternoon, the cmdty National Soybean Price Index (NSPI, weighted national average cash price) was calculated at $9.19 1/2 (green column), a price high enough to put [...]
Thursday's close by the November 2020 soybean contract (green column) put it in the upper 39% of its historic price distribution range based on weekly closes back through the 2014 [...]
Recall the theory behind my price distribution analysis is to find buying and selling opportunities based on idea traders like to buy when a market is oversold, or in the [...]
Here's something one doesn't get to say often: July Kansas City wheat looks attractive. No, I haven't been drinking, though as I said on Twitter earlier today when the conversation [...]
I had an interesting conversation with a friend earlier this afternoon. We were talking about the ongoing rally in November soybeans, commentary on the degree of the move we have [...]
A good friend and I were talking about November feeder cattle over the weekend, with the conversation tied to the variety of option strategies I discussed in Weekly Analysis: Livestock [...]
One of the constant themes of all I've posted Saturday (August 1) morning is the low price of December 2020 corn. This past Friday saw the contract close at $3.27 [...]
As I mentioned in this past weekend's Weekly Analysis: Wheat and again in Monday's Morning Commentary, the SRW wheat market has rocketed into the upper reaches of its price distribution [...]
As I mentioned in this past weekend's Weekly Analysis and Monday's Morning Commentary, the new-crop July 2021 Chicago contract has climbed high into the price distribution range for weekly closes [...]
As I talked about in my latest Weekly Column ("Just My Type"), one of the studies I've developed to understand the psychology of a market is price distribution. This is [...]
A friend just called in and we talked about the prospects for Dec lean hogs. His idea was that the market was low enough to think about buying, and wanted [...]
The July 2020 corn contract closed last week at $3.18 1/2 (rounded to $3.19 on this price distribution study), the lowest weekly close for a July corn contract (red column) [...]
At first glance this Price Distribution chart looks to be a dizzying array of colorful columns, though each one tell a different story. First, the solid red column shows where [...]
About a month ago, in this same spot, I talked about how the hole the November soybean contract was in might not get much deeper. At the time Nov beans [...]
Another piece to the puzzle that is new-crop July Kansas City wheat is this look at the price distribution chart for the futures contract, based on weekly closes back through [...]
It wasn't all that long ago I posted a Price Distribution chart for cash and old-crop (2019-2020) soybean futures that showed both markets in the lower percentages of their respective [...]