Corn
DNAI Algorithm Weekly: Long/Reduce Previous Week: Long/Neutral Theoretical Positions Investors (see Monthly Analysis) Long December 2026 near $4.6225 Based on Volatility, Seasonality, and Price Distribution, we are looking for an [...]
July Corn Daily
As mentioned in today's Afternoon Commentary, from a technical point of view it could still be argued July corn is in a minor (short-term) uptrend. Let's take a look at [...]
Weekly Analysis: WTI Crude Oil
Theoretical Positions: Traders could have buy stops above the previous 4-week high of $64.87, with sell stops below the previous 5-week low of $55.30. Seasonal Analysis: Neutral The spot-month contract [...]
Back in the Office
I am back in the office. It was a good conversation at the Nebraska Ag Expo this morning. I'll talk about in more detail over the coming days. Thank you. [...]
S&P 500 Monthly
I had a stock market question come in Wednesday. As always, thank you for your questions, comments, and conversations. For starters, the gentleman agreed that US stock indexes remained in [...]
Weekly Analysis: Corn
Cash Corn: The Barchart National Corn Price Index moved to a new 4-week high last week, confirming a new secondary (intermediate-term) uptrend. This goes along with the major (long-term) uptrend [...]
CFTC CoT: Live Cattle
The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long live cattle futures position (blue line) by 10,059 contracts, putting it at 61.820 contracts [...]
Crude Oil: Rule #1
There are a lot of things we could take into consideration when we analyze crude oil long-term: I still see the US dollar index in a major (long-term) uptrend, a [...]
Livestock Sector: Newsom’s Market Rule #5
It has been quite a morning in the livestock sector, with both cattle markets sharply higher on renewed commercial buying and lean hogs sharply lower on solid selling from the [...]
Weekly Analysis: Oilseeds
Cash Soybeans: The cmdty National Soybean Price Index (NSPI) closed at $8.20 1/4, down 27 cents for the week. The NSPI extended its secondary (intermediate term) downtrend to a low [...]
Weekly Analysis: Grains
Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $4.23, down 21 3/4 cents for the week. The NCPI moved into a secondary (intermediate-term) downtrend last week, posting [...]
Spent Shells
It's Friday, July 5th, the day after the official July 4th holiday here in the U.S., and 3 days after what John Adams considered the real Independence Day of July [...]
Weekly Analysis: Oilseeds
Cash Soybeans: The cmdty National Soybean Price Index (NSPI) closed at $8.27 3/4, up 8 cents for the week. While the NSPI extended its secondary (intermediate-term) 5-wave uptrend to a [...]
Cash Soybeans and Ending Stocks-to-Use
The cmdty National Soybeans Price Index (NSPI, weighted national average cash price) showed a daily average price for the 2018-2019 marketing year, through Friday, May 3, of $7.94 (red dot), [...]
Cotton Shipments: In Need of a Boost
The latest weekly export update showed 2018-2019 marketing year shipments of U.S. cotton at 8.604 million bales (mb) through Thursday, April 18, a point in the marketing year when an [...]
A 3-Cup Monday Morning
Overnight Summary: The coffee is going down fast this morning, the drink that is not the futures market (down only a little bit). Though it’s the day after we sprang [...]
Weekly Analysis: Wheat
Cash SRW Wheat: The cmdty National SRW Wheat Index (SRI) closed at $4.12 1/4, down 15 1/2 cents for the week. The SRI extended its secondary (intermediate-term) 3-wave downtrend to [...]
Flashing Green and Red
Overnight Summary: Markets were mixed early Wednesday following a back and forth overnight session for most sectors. Grains, oilseeds, and softs were mostly lower Wednesday morning while the U.S. dollar [...]
Weekly Analysis: Wheat
Cash SRW Wheat: The cmdty National SRW Wheat Index (SRI) closed at $4.88 3/4, down 10 cents for the week. The SRI looks to have reestablished a secondary (intermediate-term) downtrend [...]