| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 516.77 +3.80% on 04/02/24 | | 546.66 -1.87% on 04/10/24 | +16.83 (+3.24%) since 03/15/24 |
| 3-Month | 509.60 +5.26% on 03/06/24 | | 582.30 -7.88% on 01/25/24 | -23.20 (-4.15%) since 01/12/24 |
| 52-Week | 509.60 +5.26% on 03/06/24 | | 868.20 -38.21% on 05/15/23 | -308.58 (-36.52%) since 04/14/23 |
Soybeans are down 2 to 4 cents in the front months following the overnight trade. Bean futures fell anywhere from 5 ½ to 15 ¾ cents on Monday, as the front months felt the brunt of the impact. May was...
The wheat complex is mixed so far on Tuesday morning, with MPLS up2 to 7 cents after overnight trade. CBT SRW futures are down 1 to 3 ¼ with KS 1 to 2 cents lower. The three markets posted losses on Monday....
Overnight action has corn prices down 1 to 2 cents this morning. Futures ended the Monday session with contracts 1 3/4 to 4 cents lower. May never recovered from early weakness and closed with a 4 cent...
Grain markets have been in a choppy rangebound trade recently which could setup traders with more shorter-term opportunities.
Corn prices ended the Monday session with contracts 1 3/4 to 4 cents lower across the board. May never recovered from early weakness and closed with a 4 cent loss, while December was down 2 ¾ cents. ...
The wheat complex posted losses across the three exchanged on Monday. Kansas City was 2 ¾ to 6 ¼ cents lower on the session. Chicago contracts were fractionally to 4 ¼ cents lower at the close. MPLS...
Bean futures fell anywhere from 5 ½ to 15 ¾ cents on Monday, as the front months felt the brunt of the impact. May was down 15 ¾, with November 9 cents in the red. Soymeal futures were back down $5.90...
Short covering on Monday
Today's price action suggests a good chance the bottom of the triangle has been found. I recommend buying June live cattle with a sell stop to exit only at $170.20. This is a sales solicitation.
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| IHY00 | 536.42s | -5.37 |
| Hrwi Hard Red Wheat E Cash | ||
| IHJ24 | 559-0s | -7-0 |
| HRWI Hard Red | ||
| ZCN24 | 442-0 | -2-2 |
| Corn | ||
| ZSN24 | 1169-6 | -2-2 |
| Soybean | ||
| ZMN24 | 340.3 | +0.7 |
| Soybean Meal | ||
| ZLN24 | 45.49 | -0.52 |
| Soybean Oil | ||
| ZWN24 | 562-0 | -5-4 |
| Wheat | ||
| KEN24 | 578-6 | -2-0 |
| Hard Red Wheat | ||
| MWK24 | 638-6 | +1-6 |
| Spring Wheat | ||
| ZOK24 | 360-0 | +2-2 |
| Oats | ||
| ZRK24 | 18.330 | unch |
| Rough Rice | ||
| RSN24 | 629.30 | -2.10 |
| Canola | ||
| 3rd Resistance Point | 536.42 |
| 2nd Resistance Point | 536.42 |
| 1st Resistance Point | 536.42 |
| Last Price | 536.42s |
| 1st Support Level | 536.42 |
| 2nd Support Level | 536.42 |
| 3rd Support Level | 536.42 |
| 52-Week High | 868.20 |
| Fibonacci 61.8% | 731.21 |
| Fibonacci 50% | 688.90 |
| Fibonacci 38.2% | 646.59 |
| Last Price | 536.42s |
| 52-Week Low | 509.60 |
