December Corn
Despite last Friday's lower weekly close, Dec25 corn remains in a secondary (intermediate-term) seasonal uptrend on its weekly close-only study. Dec25 (green line) settled at $4.24, down 6.0 cents for [...]
Despite last Friday's lower weekly close, Dec25 corn remains in a secondary (intermediate-term) seasonal uptrend on its weekly close-only study. Dec25 (green line) settled at $4.24, down 6.0 cents for [...]
Those of you who have been with me a while will recall I use the November Soybean/December corn futures spread as an indicator of what planting changes to expect next [...]
Those of you who have been with me a while will recall I use the November Soybean/December corn futures spread as an indicator of what planting changes to expect next [...]
The closing bell has rung on the first Friday of September meaning, among other things, the first step has been taken on the 6-month path to settling the acreage debate [...]
Continuing on with our initial fall look at seasonal patterns, the November soybean futures contract takes center stage Wednesday. November soybeans do not have as clear of a seasonal pattern [...]
Now that we are officially in meteorological fall (September-October-November), let's take a look at what some of our key markets do over the next three months. As usual, I'll start [...]
As mentioned in Friday's Morning Commentary, once the calendar page turns to September 2025 we will embark on the 6-month journey of discovery for 2026 US planted acres between Corn [...]
With the end of corn's 2024-2025 marketing year fast approaching, concluding with the closing bell Friday, August 29, the question of what to expect once the calendar page turns takes [...]
As mentioned in Monday's Morning Commentary, the spotlight in the soybean market is now covering both the North American November issue and the South American driven March contract. Regarding the [...]
As mentioned in Thursday's Morning Commentary, as well as recent Weekly Analysis SRW segments, the National SRW Wheat Index tends to post a low weekly close the fourth week of [...]
As I mentioned in Thursday's Morning Commentary, US boxed beef markets have jumped in early August. Wednesday afternoon USDA reported (putting an automatic asterisk on the information): Choice at $374.86 [...]
Like a number of other markets, October live cattle could get interesting by the time we get to the end of this week. Based on the contract's seasonal studies, the [...]
The seasonal study for the National Soybean Index (NSI) is bearish. There's no other way to say it, or sugar coat it for those still holding onto bullish bean dreams. [...]
A friend in the brokerage industry called Thursday to talk about possible option strategies in new-crop soybeans. The idea was to sell out-of-the-money put options underneath existing positions ahead of [...]
I had a question come in about what to do with unpriced HRW wheat as the 2025 harvest starts to gain momentum. Let me begin by saying I understand why [...]
It will be interesting to see how the National Corn Index, the national average cash price and the corn market's intrinsic value, plays out over the coming days, weeks, and [...]
My friend in the cattle industry made an interesting observation Wednesday morning, messaging me with, "The August on back is the head scratcher in spreads". A look at the spread's [...]
In my latest Weekly Column (Sunshine On My Shoulders) I discussed the summer seasonal tendencies of the various grain markets. But there are also some interesting patterns out in the [...]
A Reminder: I will be out of the office following Tuesday’s Afternoon Commentary. See This Week’s Schedule in Quick Takes for more information on when I’ll get things caught up [...]
The US boxed beef markets are rolling again with Tuesday afternoon's reported prices - albeit from USDA meaning there is an automatic asterisk attached - coming in at: Choice = [...]
Seasonal Analysis: Bearish The new-crop July HRW contract tends to rally from the first weekly close of December through the second weekly close of May. The 5-year index shows an [...]
Seasonal Analysis: Bullish The November futures contract tends to rally from the last weekly close of November through the first weekly close of June Gaining an average of 4% (10-year [...]
Seasonal Analysis: Dec corn tends to rally from the third weekly close of March through the second weekly close of May Gaining an average of 4% (10-year index, blue line) [...]
As mentioned in Friday's Morning Commentary, as well as the April 1 Monthly Supply and Demand Commentary, the National Corn Index has finally moved into its normal seasonal uptrend. A [...]
The National Corn Index was priced near $4.3175 last Friday putting available stocks-to-use at 12.3%, as compared to the end of March $4.2675 and 12.4%. Seasonally, the Index tends rally [...]