DNAI Algorithm (Position/Action/Percent): January 2026 futures contract Weekly: Short/Neutral Previous Week: Long/Reduce Theoretical Positions Hedgers New-crop (2026-2027): At least 25% of expected 2026 production could’ve been sold near the weekly [...]

DNAI Algorithm (Position/Action/Percent): January 2026 futures contract Weekly: Long/Reduce Previous Week: Short/Neutral Theoretical Positions Hedgers 2025 bushels were likely sold at harvest Some may have bought January futures the week [...]

Commentary (12/09/25) Shortly after posting Tuesday's Morning Commentary, I watched as soybean futures quickly sold off. My friend in the brokerage industry updated me with the latest news, "Headlines about [...]

Theoretical Positions Hedgers 2025 bushels were likely sold at harvest Some may have bought January futures the week of October 20 above $10.4650 (see Investors position below) and January $11.20 [...]

The Bottom Line (On Top): The structure of the corn market is bullish. Trends are up, cash and futures, in line with seasonal tendencies. Indicating noncommercial buying interest (futures) And [...]

Theoretical Positions Cash Producers: Unhedged bushels can be sold at harvest. Short November futures hedges could’ve been rolled to January covering 70% or more calculated full commercial carry. Basis tends [...]

Theoretical Positions Traders Bought January the week of October 20 as the contract took out its previous 4-week high of $10.4650. Jan26 closed last Friday at $11.2450, up 7.5 cents [...]

Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges could’ve been rolled to January covering 70% or more calculated full commercial carry. Basis tends to firm [...]

Theoretical Positions: Traders Bought January the week of October 20 as the contract took out its previous 4-week high of $10.4650. Jan26 closed last Friday at $11.17, up 1.75 cents [...]

Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges could’ve been rolled to January covering 70% or more calculated full commercial carry. Basis tends to firm [...]

Theoretical Positions: Initial sales of new-crop might’ve been made near the weekly close of $641.50 based on the completion of a bearish 2-week reversal. Additional sales could’ve been made near [...]

Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges could’ve been rolled to January covering 70% or more calculated full commercial carry. Basis tends to firm [...]

Theoretical Positions: The balance of summer needs as well as fall and winter needs could’ve been covered when the December futures contract moved above the previous 4-week high of $290.50 [...]

Theoretical Positions: Initial sales of new-crop might’ve been made near the weekly close of $641.50 based on the completion of a bearish 2-week reversal. Additional sales could’ve been made near [...]

Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges could’ve been rolled to January covering 70% or more calculated full commercial carry. Basis tends to firm [...]

Theoretical Positions: The balance of summer needs as well as fall and winter needs could’ve been covered when the December futures contract moved above the previous 4-week high of $290.50 [...]

Theoretical Positions: Initial sales of new-crop might’ve been made near the weekly close of $641.50 based on the completion of a bearish 2-week reversal. Additional sales could’ve been made near [...]

Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges could've been rolled to January covering 70% or more calculated full commercial carry. Basis tends to firm [...]

Theoretical Positions: The balance of summer needs as well as fall and winter needs could’ve been covered when the December futures contract moved above the previous 4-week high of $290.50 [...]

Theoretical Positions: Initial sales of new-crop might’ve been made near the weekly close of $641.50 based on the completion of a bearish 2-week reversal. Additional sales could’ve been made near [...]

Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges can be rolled to January covering 70% or more calculated full commercial carry. Seasonal Analysis: Neutral November [...]

Theoretical Positions: The balance of summer needs as well as fall and winter needs could’ve been covered when the December futures contract moved above the previous 4-week high of $290.50 [...]

Theoretical Positions: Initial sales of new-crop might’ve been made near the weekly close of $641.50 based on the completion of a bearish 2-week reversal. Additional sales could’ve been made near [...]

Theoretical Positions: Unhedged bushels can be sold at harvest. Short November futures hedges can be rolled to January covering more than 70% calculated full commercial carry. Seasonal Analysis: Neutral November [...]

Theoretical Positions: Initial sales of new-crop might’ve been made near the weekly close of $641.50 based on the completion of a bearish 2-week reversal. Additional sales could’ve been made near [...]