Corn (New-Crop)
Theoretical Positions: Conclusion: We need to keep a close eye on Dec25, both investors and hedgers. Seasonal Indexes, both 5-year and 10-year, start to stabilize from the second weekly close [...]
Corn (Old-Crop)
Theoretical Positions: End-users: Summer cash needs are being covered as needed. Applying Market Rule #3, Use filters to manage risk, we need to keep a close eye on the National [...]
WTI Crude Oil
Theoretical Positions: Traders likely moved to the sidelines given the market’s seasonal downtrend during the rest of the summer season (see below). Seasonal Analysis: Bearish Seasonally, the market tends to [...]
Diesel Fuel
Theoretical Positions: Traders are likely on the sidelines for now. Cash needs can still be bought on an as needed basis. Seasonal Analysis: Neutral The spot-month contract tends to trend [...]
Live Cattle
Theoretical Positions: Cash cattle can continue to be sold when ready. Sales could be made more aggressively if the August futures contract posts a new low 4-week close (see below). [...]
Feeder Cattle
Theoretical Positions: Cash sales could continue to be made given the strength in futures, cash, and basis markets. Sell orders could be placed below the previous 4-week low weekly close [...]
Soybean Meal
Theoretical Positions: Summer coverage (June-July-August) can continue to be bought on an as-needed basis. Seasonal Analysis: Neutral-to-Bearish The nearby futures contract tends to trend down from the second weekly close [...]
Corn (New-Crop)
Theoretical Positions: Investors (See Monthly Analysis) Hedgers Dec25 short futures hedges These positions could’ve been bought back near the weekly close of $4.3875 (week of August 26) And could now [...]
Corn (Old-Crop)
Theoretical Positions: End-users: Summer cash needs are being covered as needed. Producers: Cash sales of 2024 supplies should be finished given the National Corn Index looks to have posted an [...]
WTI Crude Oil
Theoretical Positions: Traders likely moved to the sidelines given the market's seasonal downtrend during the rest of the summer season (see below). Seasonal Analysis: Bearish Seasonally, the market tends to [...]
Diesel Fuel
Theoretical Positions: Traders are likely on the sidelines for now. Cash needs can still be bought on an as needed basis. Seasonal Analysis: Neutral The spot-month contract tends to trend [...]
Live Cattle
Theoretical Positions: Cash cattle can continue to be sold when ready. Sales could be made more aggressively if the August futures contract posts a new low 4-week close (see below). [...]
Feeder Cattle
Theoretical Positions: Cash sales could continue to be made given the strength in futures, cash, and basis markets. Sell orders could be placed below the previous 4-week low weekly close [...]
