HRS Wheat
Theoretical Positions: The Sept25 issue closed Friday at $6.28, down 28.75 cents for the week. The December issue closed at $6.48, down 27.5 cents. Seasonal Analysis: Bearish The National HRS [...]
Theoretical Positions: The Sept25 issue closed Friday at $6.28, down 28.75 cents for the week. The December issue closed at $6.48, down 27.5 cents. Seasonal Analysis: Bearish The National HRS [...]
Theoretical Positions: It’s possible some sales of Nov25 were made as the contract took out its previous 4-week low of $10.3725 (possible sale of $10.37). Additional sales could be made [...]
Theoretical Positions: Summer coverage (June-July-August) can continue to be bought on an as-needed basis. Seasonal Analysis: Neutral-to-Bearish The 2025 market (green line) confirmed what could be considered a seasonal downtrend [...]
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 be made near [...]
Theoretical Positions: Producers: Dec tends fall from the fourth weekly close of May through late July (see below) Some expected 2025 production could’ve been locked in near 70.0 cents Hold [...]
Theoretical Positions: Investors (See Monthly Analysis) Short-dated new-crop July $4.40 put options were sold for 8.0 cents (Tuesday, May 20) These options were bought back at 4/8 cent on Wednesday, [...]
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 [...]
Theoretical Positions: Traders are likely still long cash, futures, and Exchange Traded Funds (ETFs) for reasons other than technical or fundamental. Seasonal Analysis: Bullish Seasonally, the Index tends to trend [...]
Theoretical Positions: Traders might’ve bought near the recent weekly close of $64.58, a new 4-week high weekly close. If so, sell stops would be below the previous 4-week low weekly [...]
Theoretical Positions: Traders are likely on the sidelines for now. Seasonal Analysis: Bullish The spot-month contract closed Friday at $2.5418, up 18.31 cents for the week. The Commitments of Traders [...]
Theoretical Positions: Cash cattle can continue to be sold when ready. Sales could be made more aggressively given futures look to have moved into a secondary (intermediate-term) downtrend. Trend: Down, [...]
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 [...]
Theoretical Positions: Producers can continue to sell cash hogs when ready to take advantage of the ongoing contra-seasonal uptrend. Seasonal Analysis: Bullish The August contract tends to trend down from [...]
Theoretical Positions: 2025 Harvest: Newly harvested bushels could be sold across the scales to take advantage of the recent rally. Producers might’ve locked in a small part of expected 2025 [...]
Theoretical Positions: The July issue could’ve been sold near the weekly close of $6.17 (February 21) based on a bearish spike reversal on the contract’s weekly chart. July SRW closed [...]
Theoretical Positions: Attention will be turning to opportunities in the new-crop market, starting with the September 2025 futures contract. The Sept25 issue closed Friday at $6.5675, up 11.5 cents for [...]
Theoretical Positions: It’s possible some sales of Nov25 were made as the contract took out its previous 4-week low of $10.3725 (possible sale of $10.37). Otherwise, sell stops could be [...]
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 shows different tendencies based on the 5-year index (red [...]
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 continue to be [...]
Theoretical Positions: Producers: Dec tends fall from the fourth weekly close of May through late July (see below) Some expected 2025 production could’ve been locked in near 70.0 cents Traders: [...]
Theoretical Positions: Investors (See Monthly Analysis) Short-dated new-crop July $4.40 put options were sold for 8.0 cents (Tuesday, May 20) These options were bought back at 4/8 cent on Wednesday, [...]
Theoretical Positions: End-users: Summer 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 earlier [...]
This is an update of the Theoretical Position posted in the latest Weekly Analysis for HRW Wheat. As of Saturday, June 14 Theoretical Positions: 2025 Harvest: Newly harvested bushels could [...]
This is an update of the Theoretical Position posted in the latest Weekly Analysis for New-Crop Corn. As of Saturday, June 14 Theoretical Positions: Investors (See Monthly Analysis) Short-dated new-crop [...]
Theoretical Positions: Cash cattle can continue to be sold when ready. Trend: Down, Maybe? The August futures contract completed a bearish spike reversal on its weekly chart, meaning that from [...]