Nov Beans: A Long Look Ahead
I was recently in on a discussion regarding forward contracting 2020 soybeans. This week has seen the contract, a year out, extend its recent rally beyond the previous weekly peak [...]
I was recently in on a discussion regarding forward contracting 2020 soybeans. This week has seen the contract, a year out, extend its recent rally beyond the previous weekly peak [...]
Last week saw the cmdty National Soybean Price Index (NSPI, weighted national average) post a big strong 37-cent rally, allowing cash soybeans to make a big move from the lower [...]
If you are keeping up with my analysis of the cmdty National Corn Price Index (NCPI, weighted national average) you'll recall that I still see it in a secondary (intermediate-term) [...]
If you've been following along with this morning's analysis you'll recall that the July Kansas City wheat contract still looks to be in a secondary (intermediate-term) 5-wave uptrend with its [...]
I had an interesting conversation with a subscriber this morning, talking about the different Dec corn contracts and whether or not they were priced at attractive sell levels. This particular [...]
Does the title of this piece suggest a recommendation? No. As I looked at this 7-year price distribution chart for the new-crop December cotton contract, based on weekly closes only, [...]
To close out Tuesday's analysis of the Kansas City July 2020 contract (for additional analysis, see Charts and Seasonal Analysis), let's take a look at the contract's price distribution chart [...]
This updated look at November soybeans’ price distribution chart, based on weekly closes going back through the 2013 contract, shows what how things can change when futures rally 40-plus cents. [...]
As this 7-year price distribution chart, based on weekly closes only, for Dec corn shows the 2019 contract (red column) remains in the lower 20%, a level noncommercial traders could [...]
As discussed in Weekly Analysis, last week's strong rally by the cmdty National Corn Price Index (NCPI, weighted national average cash price) moved the NCPI from the upper 47% the [...]
This look at November soybeans' price distribution chart, based on weekly closes going back through the 2013 contract, is quite sobering. The 2019 contract (red column) closed Thursday at $8.61 [...]
I've had some customers ask if I could post my price distribution charts again, so we built this page to house them. I'm starting the series off with another look [...]