Weekly Analysis: 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 [...]
Weekly Analysis: Lean Hogs
Theoretical Positions: Producers can continue to sell cash hogs when ready to take advantage of the continued contra-seasonal rally that seems to be driven by noncommercial buying. Seasonal Analysis: Bullish [...]
Weekly Analysis: Wheat HRW
Theoretical Positions: Producers might’ve locked in a small part of expected 2025 production near the weekly close of $6.3375 (February 21) based on the completion of a bearish spike reversal [...]
Weekly Analysis: Wheat SRW
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. SRW wheat remains [...]
Weekly Analysis: Wheat HRS
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 $6.3725, up 16.5 cents for [...]
Weekly Analysis: Soybeans
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). Producers are sitting on the [...]
Weekly Analysis: 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 shows different tendencies based on the 5-year index (red [...]
Weekly Analysis: Canola
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 [...]
Weekly Analysis: Cotton
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: [...]
Weekly Analysis: Corn (New-Crop)
Theoretical Positions: Investors (See Monthly Analysis) One change from last time: Short short-dated new-crop June $4.40 put options were sold for 6.0 cents (Tuesday, May 6) These options were bought [...]
Weekly Analysis: Corn (Old-Crop)
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 [...]
Weekly Analysis: Gold
Theoretical Positions: Traders long cash, futures, and Exchange Traded Funds (ETFs) may look to sell near last Friday's close. It's also possible new short positions could be established. If so, [...]
Weekly Analysis: Diesel Fuel
Theoretical Positions: End users might've bought when the spot-month contract took out its previous 4-week high of $2.2010. If not, buy orders could be put in near last Friday's close [...]
Weekly Analysis: Live Cattle
Theoretical Positions: Cash cattle can continue to be sold when ready. Seasonal Analysis: Bullish Despite last week’s lower close, and the noise on standard bar charts (open, high, low, close), [...]
Weekly Analysis: Feeder Cattle
Theoretical Positions: Cash sales could continue to be made given the strength in futures, cash, and basis markets. Seasonal Analysis: Bullish Despite last week's lower close, and the noise on [...]
Weekly Analysis: Lean Hogs
Theoretical Positions: Producers can continue to sell cash hogs when ready to take advantage of the continued noncommercial led rally (see below). Seasonal Analysis: Neutral June lean hogs tend to [...]
Weekly Analysis: Wheat HRW
Theoretical Positions: Producers might’ve locked in a small part of expected 2025 production near the weekly close of $6.3375 (February 21) based on the completion of a bearish spike reversal [...]
Weekly Analysis: Wheat SRW
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. SRW wheat is [...]
Weekly Analysis: Wheat HRS
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 $5.8725, down 19.25 cents for [...]
Weekly Analysis: Soybeans
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). Producers are sitting on the [...]
Weekly Analysis: Soybean Meal
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the weekly close of $315.70 (week of August 26). Winter quarter (remaining Dec, Jan [...]
Weekly Analysis: Canola
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 [...]
Weekly Analysis: Cotton
Theoretical Positions: Producers: Dec tends tor rally from the last weekly close of March through the fourth weekly close of May (see below) Some expected 2025 production could’ve been locked [...]
Weekly Analysis: Corn (New-Crop)
Theoretical Positions: Investors (See Monthly Analysis) One change from last week: Short short-dated new-crop June $4.40 put options were sold for 6.0 cents (Tuesday, May 6) These options closed Friday [...]
Weekly Analysis: Corn (Old-Crop)
Theoretical Positions: End-users: Fall 2024 (roughly 3 months, or September/October/November) needs could’ve been covered near the weekly settlement for the National Corn Index of $3.6850 (Dec24 futures at $4.01) the [...]