This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

Bottom Line at the Top: Theoretical Position: Increase new-crop forward contracts to 25% to 33% of expected 2022 production. Dec 2022 Trends Minor: Down Support at the 4-day low of $6.2850 Implied volatility of the futures contract is high at [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

Chart: December 2022 Corn Weekly Bottom Line: Some small sales could be made given bearish technical and seasonal factors. The contract posted a bearish key reversal last week Confirming the secondary (intermediate-term) trend has turned down signaled by a bearish [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis for quite some time. You will notice some blanks. This [...]

Old-Crop March Secondary (Intermediate-term) Trend: Down The contract posted a bearish spike reversal on its weekly chart Indicating the market could see increased noncommercial selling This pattern confirmed a series of bearish crossover by weekly stochastics, the most recent the [...]

Thursday I mentioned how the new-crop December corn contract was approaching an important weekly close this week, depending on where it settled in relation to last Friday's close of $5.6950. This week has seen Dec hit a new contract high [...]

New-Crop December 2022 Corn Secondary Trend = Up Indicating continued noncommercial buying activity. The contract's open interest increased by about 10,000 contracts last week. Fundamentals = Bullish The Dec-March futures spread covered 28% calculated full commercial carry (cfcc) at Monday's [...]

Despite the rally posted late last week, I still see a secondary (intermediate-term) downtrend on March corn's weekly chart. Initial support is at the previous 4-week low of $5.8475, the $5.8225. Beyond that the downside target range remains between $5.7525 [...]

Based on its weekly close only seasonal chart, the cmdty National Corn Price Index (NCPI, weighted national average cash price) remains in a secondary (intermediate-term) uptrend. Last Friday's calculation of $5.93 was a new 2021-2022 marketing year high, and put [...]

It could still be argued old-crop March corn rolled into a secondary (intermediate-term) downtrend last week as the contract posted a bearish spike reversal. The minor (short-term) also remains down, with resistance for both at the recent high of $6.1775. [...]

New-crop December corn remains in a secondary (intermediate-term) sideways trend between support at its 4-week low of $5.3925 and the contract high of $5.65. A sell signal was established the week of December 13 as the contract took out its [...]

Market Type: 9 (Most Bullish) Secondary Trend: Up March corn has moved to new 4-week highs the last three weeks, including early Monday morning already. Look for the noncommercial net-long futures position to increase in Monday's holiday-delayed CFTC Commitments of [...]

Market Type: 6 (Neutral-to-Bullish) Secondary Trend: Sideways March corn reminds in a range between its 4-week high of $5.9675 and its 4-week low of $5.6250 While the in-house algorithm remains bullish, it is giving a neutral reading as of last [...]

Market Type: 6 (Neutral-to-Bullish) Secondary Trend: Sideways March corn reminds in a range between its 4-week high of $5.9675 and its 4-week low of $5.5750 While the in-house algorithm remains bullish, it is giving a neutral reading as of last [...]

Market Type: 6 (Neutral-to-Bullish) Secondary Trend: Sideways March corn has gotten stuck in a range between its 4-week high of $5.9350 and its 4-week low of $5.5750 While the in-house algorithm remains bullish, it is giving a neutral reading as [...]

Market Type: 9 (Most Bullish) Secondary Trend: Up However, the minor (short-term) trend turned down last week. This looks to be Wave 4 of the 5-wave secondary uptrend pattern. Noncommercial traders added an incredible 75,299 contracts to their net-long futures [...]

Market Type: 9 (Most Bullish) Secondary Trend: Up Once the December contract cleared the previous high of $5.4850 it confirmed Wave 3 of its secondary uptrend. Noncommercial traders added 30,780 contracts to their net-long futures poison, an even mix of [...]

Market Type: 5 (Neutral) Secondary Trend: Sideways I have not had a clear buy signal in corn futures yet, but it is close. As I've been saying, I'd rather be long than short at this point. Noncommercial traders remain slow [...]

Market: Type 3 (less bearish) The secondary trend is down, though it completed its patter with a move to $5.00 last week. Noncommercial traders decreased their net-long futures by 36,395 contracts for the week ending Tuesday, September 7 This included [...]

Market Type: 9 (Most Bullish) Trends Secondary (intermediate-term): Up The secondary trend is a difficult read, but I am changing it to up based on The previous week's new 4-week high weekly close of $5.5650 Last week's new 4-week high [...]

Market Type: 3 (Less Bearish) Trends Secondary (intermediate-term): Down (3-wave pattern) Bearish 2-week reversal on weekly charts the weeks of May 3 and May 10. New 4-week lows the week of May 24 Wave B (second wave) topped week of [...]

Market Type: 3 (Less Bearish) Trends Secondary (intermediate-term): Down (3-wave pattern) Bearish 2-week reversal on weekly charts the weeks of May 3 and May 10. New 4-week lows the week of May 24 Wave B (second wave) topped week of [...]

Market Type: 3 (Less Bearish) Trends Major (long-term): Down Bearish spike reversal on monthly charts are end of May Secondary (intermediate-term): Down (3-wave pattern) Bearish 2-week reversal on weekly charts the weeks of May 3 and May 10. New 4-week [...]

New-crop December 2021 Trend Minor: Sideways The previous downtrend looks to be coming to an end, with support at the previous 4-day low of $5.2075 and resistance the 4-day high of $5.5575. If the minor trend turns up, the target [...]

Cash and Old-corp July Trend Minor (short-term): Down Secondary (intermediate-term): Down Target area between $5.8650 and $5.4075 Noncommercial traders reduced their net-long futures position by 35,290 for the week ending Tuesday, May 11 Major (long-term): Could be changing cmdty National [...]

Market Type: 9, Most Bullish Secondary Trend: Up Futures Spreads: Bullish. New-crop showing a small carry still covering less than 33% calculated full commercial carry. Basis: Bullish. Next week: Trends are up for the various timeframes (minor, secondary, major) for [...]

Cash Corn: National Corn Price Index (NCPI) Weekly Close: $5.4679, up 8.52 cents Secondary Trend: Up Basis: Bullish. Calculated at 12.96 cents under May futures, 1.27 cents stronger than the previous Friday. Analysis: Eliminating the noise and focusing on the [...]

Cash Corn: National Corn Price Index (NCPI) Weekly Close: $5.3827, down 3.98 cents Secondary Trend: Sideways-to-Down Basis: Bullish. Calculated at 14.23 cents under May futures, 1.26 cents stronger for the week Analysis: The most recent technical pattern posted by the [...]

Cash Corn: National Corn Price Index (NCPI) Weekly Close: $5.4225, down 19.43 cents Secondary Trend: Sideways-to-Down Basis: Bullish. Calculated at 15.49 cents under May futures Analysis: The most recent technical pattern posted by the NCPI is a bearish key reversal [...]

Cash Corn: National Corn Price Index (NCPI) Weekly Close: $5.2282, down 6.42 cents Secondary Trend: Down Basis: Bullish. Calculated at 16.18 cents under May futures Analysis: The most recent technical pattern posted by the NCPI is a bearish key reversal [...]

Cash Corn: National Corn Price Index (NCPI) Weekly Close: $5.1782, down 9.15 cents Secondary Trend: Down Basis: Neutral. Calculated at 20.9 cents under March futures Analysis: The NCPI posted a bearish key reversal on its weekly chart, a pattern indicating [...]

Corn (Cash, Old-Crop Futures, New-Crop Futures): Minor (Short-term) Trend: Down (as of Tuesday, January 19) Secondary (Intermediate-term) Trend: Down (as of Friday, January 22) Major (Long-term) Trend: Up* Noncommercial Futures Position (as of 01/19/21): Net-long 528,651 contracts, a decrease of [...]

Corn (Cash, Old-Crop Futures, New-Crop Futures): Secondary Trend: Up Major Trend: Up Noncommercial Futures Position (as of 01/12/21): Net-long 542,123 contracts, an increase of 21,026 contracts from the previous week. Basis: Bullish but weakening. Calculated at 22.0 cents under March [...]

Corn (Cash, Old-Crop Futures, New-Crop Futures): Secondary Trend: Up Major Trend: Up Noncommercial Futures Position (as of 01/05/21): Net-long 521,097, an increase of 10,549 contracts from the previous week. Basis: Bullish but weakening. Calculated at 17.8 cents under March futures, [...]

Cash Corn: National Corn Price Index (NCPI) Weekly Close: $4.1953, up 15.78 cents Secondary Trend: Up Basis: Bullish. Calculated at 18.0 cents under March futures Analysis: The NCPI extended its secondary uptrend to the highest weekly close since the week [...]

National Corn Price Index (NCPI) Weekly Close: $3.75, down $0.19. Secondary Trend: Down. Basis: Bullish (versus Dec futures contract). Market Type: 3 = Less Bearish. Price Distribution: Upper 8% = Bearish. Target: $3.51. Analysis: The NCPI extended its secondary uptrend [...]

National Corn Price Index (NCPI) Weekly Close: $3.94, up $0.20. Secondary Trend: Up. Basis: Bullish (versus Dec futures contract). Market Type: 9 = Most Bullish. Price Distribution: Upper 3% = Bearish. Target: $4.00. Analysis: The NCPI extended its secondary uptrend [...]

Theoretical Position Update (9/28/20) The latest NASS weekly crop progress estimate that put US harvest at 15% complete (as of 9/27). Based on the National Corn Price Index Theoretical Position (see below), a like amount of newly harvested cash bushels [...]

National Corn Price Index (NCPI) Weekly Close: $3.2741, up $0.2453. Secondary Trend: Up. Basis: Neutral (versus Dec futures). Market Type: 8 = Bullish. Price Distribution: Lower 35% = Bullish. Target: Major = $3.39, then $3.59. Analysis: The NCPI could establish a bullish [...]

National Corn Price Index (NCPI) closed at $3.03, up 3 1/2 cents for the week. Trends: Secondary = Up. Major = Up. Targets: Major = $3.30 1/4. Analysis: The NCPI confirmed it is Wave 3 of a 5-wave secondary uptrend [...]

National Corn Price Index (NCPI) closed at $2.99 1/2, up 17 3/4 cents for the week. Trends: Secondary = Up. Major = Up. Targets: Secondary = $3.11 1/2. Major = $3.30 1/4. Analysis: The NCPI posted a solid rally last [...]

National Corn Price Index (NCPI) closed at $2.91, down 11 cents for the week. Trends: Secondary = Up. Targets: Secondary = Support at $2.85, then $2.72 3/4. Analysis: The argument could still be made the secondary trend is up, with [...]

National Corn Price Index (NCPI) closed at $3.08 1/4, down 4 1/4 cents for the week. Trends: Secondary = Up, Major = Sideways-to-up. Targets: Minor support = $3.01 1/2 to $2.94 3/4. Analysis: The minor downtrend still looks to be [...]

National Corn Price Index (NCPI) closed at $3.12 1/2, down 6 cents for the week. Trends: Minor = Down. Secondary = Up, Major = Sideways-to-up. Targets: Minor = $3.08 1/4 to $2.94 1/2. Analysis: The minor downtrend looks to be [...]

National Corn Price Index (NCPI) closed at $2.95 1/2, down 14 1/2 cents for the week. Trends: Minor = Down but signaling a move to an uptrend. Secondary = Up, Major = Sideways-to-up. Targets: Minor = $2.93 1/2 to $2.88 [...]

National Corn Price Index (NCPI) closed at $3.10, up 3 3/4 cents for the week. Trends: Minor = Sideways. Secondary = Up (Confirmed week of May 18), Major = Sideways-to-up (April 20). Targets: Secondary = $3.13 3/4 to $3.57 1/4. [...]

National Corn Price Index (NCPI) closed at $3.06 1/2, up 6 1/4 cents for the week. Trends: Major = Sideways-to-up (April 20), Secondary = Up (Confirmed week of May 18), Minor = Up, but overbought. Conclusion: Minor trend could soon [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.00 1/4, up 9 3/4 cents for the week. The NCPI extended its secondary uptrend to a high of $3.04 1/4 last week. This still looks to be Wave [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $2.90 1/2, up 1/2 cent for the week. The NCPI is in a secondary uptrend, first signaled with a bullish crossover by weekly stochastics the week of April 6 [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $2.87 3/4, up 4 cents for the week. Last Friday’s calculation of the NCPI implied 2019-2020 U.S. corn stocks-to-use of 13.8%, unchanged from the previous week. The NCPI continues [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $2.87 3/4, down 5 3/4 cents for the week. The NCPI posted a new major low of $2.72 3/4 last week, taking out the August 2016 low of $2.74 [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $2.93 3/4, down 9 cents for the week. Both the secondary and major trends remain down, with next major support at the August 2016 low near $2.74 3/4. Monthly [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.02 3/4, up 2 3/4 cents for the week. The minor trend is sideways with initial resistance at the 4-day high of $3.06 with support at the 4-day low [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.00, down 16 3/4 cents for the week. The NCPI extended Wave C (third wave) of its major (long-term) 3-wave downtrend pattern to a new low of $2.97 1/4. [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed near $3.16 3/4, down 2 3/4 cents for the week. The NCPI consolidated within the previous week’s range as weekly stochastics neared a bullish crossover below the oversold level of [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed near $3.19 1/2, down 32 3/4 cents for the week. As discussed last week, the NCPI was at risk of a bearish breakout of its secondary (intermediate term) sideways pattern, [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed near $3.52 1/4, down 11 1/4 cents for the week. The NCPI remains in a secondary (intermediate term) sideways trend between roughly $3.50 and $3.78, with the cash market now [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed near $3.63 1/2, up 8 1/2 cents for the week. The NCPI remains in a secondary (intermediate term) trend between roughly $3.50 and $3.78, meaning last week’s close is near [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.55, down 10 1/2 cents for the week. Switching gears a bit this weekend to take a look at the long-term monthly chart. The NCPI remains in a major [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.65 1/2, down 1/2 cent for the week. The NCPI remains in minor (short term) and secondary (intermediate term) sideways trends while the major (long term) trend still looks [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.66, down 5 1/4 cents for the week. The NCPI remains in minor (short term) and secondary (intermediate term) sideways trends while the major (long term) trend still looks [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.71, up 2 1/2 cents for the week. The NCPI remains in minor (short term) and secondary (intermediate term) sideways trends while the major (long term) trend still looks [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.68 1/2, down 5 1/4 cents for the week. The NCPI remains difficult to classify from a trend point of view. The bottom line is the NCPI could soon [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.73 3/4, down 1 cent for the week. The NCPI showed interesting activity following through on the previous week’s bullish outside range by rallying to a new 4-week high [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.74 3/4, up 3 1/2 cents for the week. The NCPI posted a bullish outside range last week, offsetting the bearish outside range from two weeks ago. This was [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.71 1/4, unchanged for the week. Immediately after posting a bearish outside range the previous week the NCPI fell to a low of $3.62 1/4 last week. At that [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.71 1/4, down 4 cents for the week. The NCPI posted a bearish outside range las week, indicating it is rejoining its major (long term) downtrend. Cash corn continues [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.75 1/4, up 2 3/4 cents for the week. Weekly stochastics are near the overbought level of 80%, yet still indicating there is more room to the upside. Resistance [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.65, up 8 1/4 cents for the week. The NCPI has seen an interesting last three weeks that began with a bullish outside range (week of November 25), followed [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.56 3/4, down 5 cents for the week. The NCPI followed up the previous week’s bullish outside by moving lower last week. Despite bullish seasonal studies, we need to [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.61 3/4, up 7 3/4 cents for the week. The NCPI posted a bullish outside range last week indicating, as expected (see last week’s analysis is this same space), [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.54, down 3 cents for the week. The NCPI is indicating a move to a minor (short-term) uptrend meaning it should also rejoin its secondary (intermediate-term) uptrend. Seasonally, both [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.57, down 5 1/4 cents for the week. The NCPI extended the minor (short term) downtrend on its daily chart to a test of support near $3.56 3/4, a [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.62 1/4, down 11 1/4 cents for the week. Despite its lower weekly close the NCPI remains in a secondary (intermediate term) uptrend. Last week saw the NCPI post [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.73 1/2, up 5 cents for the week. The NCPI remains in a seasonal secondary (intermediate term) uptrend, posting a bullish outside range last week. This would indicate a [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.68 1/2, down 3 1/4 cents for the week. Despite another lower weekly close the NCPI remains in a secondary (intermediate term) uptrend. However, its minor (short term) trend [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.71 3/4, down 5 3/4 cents for the week. Despite its lower weekly, close the NCPI remains in a secondary (intermediate term) uptrend. However, its minor (short term) trend [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.77 3/4, up 13 3/4 cents for the week. The NCPI remains in a secondary (intermediate term) uptrend and is testing its initial upside target neat $3.77 1/4. This [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.64, up 8 cents for the week. The NCPI remains in a secondary (intermediate-term) 5-wave uptrend. However, the minor (short-term) trend still looks to be down, a move that [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.56, up 1/2 cent for the week. The NCPI remains in a secondary (intermediate-term) 5-wave uptrend. However, the minor (short-term) trend looks to have turned down, a move that [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.55 1/2, up 3 cents for the week. The NCPI extended Wave 1 of its secondary (intermediate-term) 5-wave uptrend to a high of $3.59 1/4 last week. However, it [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.52 1/2, up 14 1/4 cents for the week. The NCPI posted a bullish key reversal on its weekly chart, bringing an end to the previous secondary (intermediate-term) downtrend [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.38 1/4, down 11 3/4 cents for the week. The NCPI extended its secondary (intermediate-term) downtrend to a new 4-week low of $3.36. Friday’s settlement had the NCPI in [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.50, down 1 1/4 cents for the week. The NCPI remains in a secondary (intermediate-term) downtrend on its weekly chart. Seasonally the NCPI tends to post a low with [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.51 1/4, down 10 cents for the week. Technically, the NCPI remains in a secondary (intermediate-term) downtrend on its weekly chart. This is in line with its 5-year seasonal [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.61 1/4, down 39 1/2 cents for the week. Technically, the NCPI remains in a secondary (intermediate-term) downtrend on its weekly chart. This is in line with its 5-year [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $4.00 3/4, up 10 3/4 cents for the week. The corn complex in general is showing a number of trend patterns heading into Monday’s USDA reports. Starting with the [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.90, down 16 1/2 cents for the week. The NCPI remains in a secondary (intermediate-term) seasonal downtrend, bouncing off its weekly low of $3.78 1/2 to close out the [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $4.06 1/4, down 16 3/4 cents for the week. The NCPI extended its secondary (intermediate-term) downtrend last week, closing near its weekly low of $4.05. While the major (long-term) [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $4.44 3/4, up 20 cents for the week. The NCPI’s major (long-term) uptrend trumped signals of a secondary (intermediate-term) downtrend this past week as cash corn pushed to a [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $4.24 3/4, up 20 1/4 cents for the week. The NCPI remains a mix of technical signals, with the most recent being a secondary (intermediate-term) bearish outside range posted [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $4.04 1/2, down 17 cents for the week. Once again, an incorrect USDA report has created technical patterns that may or may not be accurate. The weekly chart for [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $4.21 1/2, down 6 3/4 cents for the week. While the NCPI did not establish bearish signals indicating its secondary (intermediate-term) trend has turned down, it does look to [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $4.28 1/2, up 40 1/4 cents for the week. The NCPI exploded higher last week, hitting its highest level ($4.33) since June 2014. Cash corn has followed through on [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.88 1/4, down 10 1/4 cents for the week. The NCPI followed-through on the previous week’s bearish crossover by weekly stochastics, falling double-digits over the course of the week. [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.98 1/2, up 22 1/2 cents for the week. To begin with, the NCPI remains in a secondary (intermediate-term) uptrend that began with a bullish reversal the week of [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.76, up 19 1/2 cents for the week. The NCPI exploded to its highest level since June 2016 last week, with the next target that month’s high of roughly [...]

Corn July 2019 (old-crop): The contract closed at $3.83 1/4, up 31 1/2 cents for the week. July corn posted a secondary (intermediate-term) bullish key reversal last week indicating its secondary trend is now up. Last week’s rally was strong [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.44 3/4, up 13 3/4 cents for the week. The NCPI posted a strong rally last week, easily blowing through resistance at the previous 4-week high of $3.39 3/4. [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.31, down 5 cents for the week. The NCPI remains in a secondary (intermediate-term) downtrend based on the bearish key reversal from the week of March 25 and move [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.35 3/4, down 3/4 cent for the week. Despite its continued consolidation, I’d still classify the NCPI in a secondary (intermediate-term) downtrend based on the bearish key reversal from [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.36 1/2, unchanged for the week. Despite its continued consolidation, I’d still classify the NCPI in a secondary (intermediate-term) downtrend. However, as I’ve said before, the weekly chart is [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.36 1/2, up 7 cents for the week. Despite its higher weekly close, I’d still classify the NCPI in a secondary (intermediate-term) downtrend. However, as I’ve said before, the [...]

Cash Corn: The cmdty National Corn Price Index (NCPI) closed at $3.29 1/2, down 20 3/4 cents for the week. Cash corn continues to weave back and forth, following the previous week’s bullish new 4-week high with a bearish outside [...]

Cash Corn: The cmdty National Corn Index (NCI) closed at $3.50 1/4, up 6 1/4 cents for the week. After posting a new 4-week high of $3.52 1/2 last week, it could be argued the NCI has quickly rolled back [...]

Cash Corn: The cmdty National Corn Index (NCI) closed at $3.44, up 10 cents for the week. Despite its higher weekly close the NCI still looks to be in a secondary (intermediate-term) 3-wave downtrend. Last week’s rally could be part [...]

Cash Corn: The cmdty National Corn Index (NCI) closed at $3.34, down 5 1/4 cents for the week. The NCI extended its secondary (intermediate-term) downtrend as it moved posted a new 4-week low of $3.30 1/4 last week. The bearish [...]

Cash Corn: The cmdty National Corn Index (NCI) closed at $3.39 3/4, down 8 3/4 cents for the week. The NCI looks to have established a secondary (intermediate-term) downtrend last week as it moved through the previous 4-week low of [...]

Cash Corn: The cmdty National Corn Index (NCI) closed at $3.48, up 1 cent for the week. The NCI continues to consolidate below resistance near $3.55 3/4, a price that marks the 76.4% retracement level of the previous downtrend from [...]

Cash Corn: The cmdty National Corn Index (NCI) closed at $3.47, up 1 1/2 cents for the week. The NCI continues to consolidate below resistance near $3.55 3/4, a price that marks the 76.4% retracement level of the previous downtrend [...]

Cash Corn: The cmdty National Corn Index (NCI) closed at $3.45 1/4, down 3 1/4 cents for the week. The NCI continues to consolidate below resistance near $3.55 3/4, a price that marks the 76.4% retracement level of the previous [...]

Cash Corn: The Barchart National Corn Index (BNCI) closed at $3.48 1/2, up 1 cent for the week. The BNCI continues to consolidate below resistance near $3.55 3/4, a price that marks the 76.4% retracement level of the previous downtrend [...]

Cash Corn: The National Corn Index (NCI) closed at $3.47 1/2, down 1/2 cent for the week. The Barchart National Corn Index continues to consolidate below resistance near $3.55 1/4, a price that marks the 73.6% retracement level of the [...]