Theoretical Positions: All 2023 SRW production should be sold. As for the 2024 crop that is being planted, the reality is little of it has likely been priced. Some producers [...]

Theoretical Positions: All 2023 HRW production should be sold given thew ongoing downtrends in the market. As for the 2024 crop that is being planted, the reality is little of [...]

Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given national average basis remains weak. Remaining bushels could've been sold on stops below the [...]

Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given national average basis remains weak. Additional bushels can continue to be held in storage [...]

Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given national average basis remains weaken. Additional bushels can continue to be held in storage [...]

Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given the downtrend in national average basis. Given last week's bullish technical pattern and the [...]

Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given the downtrend in national average basis. Sell additional cash bushels despite the bullish seasonal [...]

Trend: As with a number of other markets, I’m not getting a good read from the December Minneapolis (HRS) weekly chart (slide 1) However, the DNAI in-house algorithm remains intermediate-term [...]

September futures Trends Secondary (intermediate-term): The contract remains in a sideways trend with resistance at the previous high of $8.8950 and support the previous 4-week low of $7.8725. SepKC did [...]

Kansas City (HRW): The more heavily traded July contract looks to be in a secondary (intermediate-term) sideways trend after posting a bullish key reversal the week of May 1 and [...]

Trends (Weekly Cash Indexes): HRW Wheat is sideways However, the long-term trend on the indexes monthly chart looks to be building a bullish key reversal Needing a final settlement this [...]

Kansas City (HRW): July contract completed a bullish key reversal on its weekly chart last week, indicating its secondary (intermediate-term) trend has turned up. Theoretical Positions: Theoretically, long-term short hedges [...]

Kansas City (HRW): July Kansas City wheat’s minor (short-term) trend on the contract’s daily chart remains up. The minor upside target range is between $8.29 and $8.44. Theoretical Positions: Theoretically, long-term [...]

Kansas City (HRW): I don't know what to make of the July Kansas City wheat's secondary (intermediate-term) trend on the contract's weekly chart, but the minor (short-term) trend on the [...]

Kansas City (HRW): Despite last week's selloff the new-crop July contract remains in a secondary (intermediate-term) uptrend on its weekly chart. The ongoing minor (short-term) downtrend looks to be a [...]

Kansas City (HRW): The new-crop July contract extended its secondary (intermediate-term) uptrend to a high of $8.9425 last week. Given new-crop futures spreads are inverted, meaning long-term fundamentals are bullish, [...]

Kansas City (HRW): The new-crop July contract extended its secondary (intermediate-term) uptrend to a high of $8.7450 last week. However, the minor (short-term) trend turned down last week as the [...]

Kansas City (HRW): The new-crop July contract extended its secondary (intermediate-term) uptrend to a high of $8.5550 last week. Next resistance could be the previous high of $8.8025. Theoretical Positions: Theoretically, [...]

Kansas City (HRW): The March contract remains in a secondary (intermediate-term) sideways trend with resistance at the 4-week high of $8.9475 and support the recent low of $8.2175. Theoretical Positions: Shorts [...]

Kansas City (HRW): The March contract could confirm a new secondary (intermediate-term) uptrend with a move to a new 4-week high next week. The mark is last week's high of [...]

Kansas City (HRW): The secondary trend looks to be moving sideways as March Kansas City wheat continues to hold above its previous low of $8.1175. Weekly stochastics established a bullish [...]

Kansas City (HRW): The March contract remains in a secondary (intermediate-term) downtrend after posting a new 4-week low of $8.2175 last week. Longer-term support is at the low of $8.1175 [...]

Kansas City (HRW): The March contract looks to be in a secondary (intermediate-term) downtrend after posting a new 4-week low of $8.6025 last week. Longer-term support is at the low [...]

Theoretical Positions Hedgers 2022 production should be sold out Those wanting to renown could might’ve bought near the recent weekly close of $9.2925 Based on a bullish breakout and bullish [...]

Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the [...]