| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 289-0 +4.07% on 11/28/14 | | 344-4 -12.70% on 11/13/14 | -37-2 (-11.02%) since 11/12/14 |
| 3-Month | 289-0 +4.07% on 11/28/14 | | 372-4 -19.26% on 10/24/14 | -47-4 (-13.64%) since 09/12/14 |
| 52-Week | 282-0 +6.65% on 01/23/14 | | 372-4 -19.26% on 10/24/14 | -14-2 (-4.52%) since 12/12/13 |
Corn futures are showing gains of 2 to 3 ½ cents across the front months on Thursday, pulled up by spillover support from wheat and positive Export Sales data. USDA reported corn bookings of 1.3 MMT...
The wheat complex is trading with another round of strength on Thursday. Kansas City is up 8 to 9 cents at midday. Chicago contracts are 7 to 8 cents higher. MPLS spring wheat is up 6 to 8 cents on the...
Soybeans are trading 4 to 8 ½ cents lower so far on Thursday, as pressure from the product values is holding things back. Soymeal is showing losses of $3.30 to $3.60, with Soy Oil down 31 to 32 points...
We analyze a potential trade with Oats
Overnight action in the corn market was lightly higher with prices up fractionally this morning. Corn futures extended the front month losses into the close, as contracts through Dec were down 2 to 5...
Soybeans are trading 4 to 6 cents lower following the overnight trade. They faded the earlier morning strength, as contracts were mixed but well off the highs. Futures closed with contracts anywhere from...
The wheat complex is posting sightly higher after a round of overnight trade. Wheat continues to lead the grains bull charge this week. Kansas City futures were up 10 ¾ to 16 ¾ cents on the session....
Beans Hit Target and Fail for Now
I discussed the recent action in the wheat, soybean, and corn markets on AgWeb's Market's Now with Michelle Rook today. We also talked about the cattle markets and gold.
| Symbol | Last | Change |
|---|---|---|
| ZOZ14 | 300-6s | -4-0 |
| Oats Dec '14 | ||
| ZON24 | 345-6 | -8-0 |
| Oats | ||
| ZCN24 | 451-2 | +2-6 |
| Corn | ||
| ZSN24 | 1176-2 | -5-2 |
| Soybean | ||
| ZMN24 | 346.0 | -3.2 |
| Soybean Meal | ||
| ZLN24 | 45.04 | -0.23 |
| Soybean Oil | ||
| ZWN24 | 620-4 | +7-4 |
| Wheat | ||
| KEN24 | 640-2 | +10-2 |
| Hard Red Wheat | ||
| MWN24 | 694-2 | +8-6 |
| Spring Wheat | ||
| ZRN24 | 19.065 | -0.350 |
| Rough Rice | ||
| RSN24 | 632.80 | -6.60 |
| Canola | ||
| 3rd Resistance Point | N/A |
| 2nd Resistance Point | 300-6 |
| 1st Resistance Point | 300-6 |
| Last Price | 300-6s |
| 1st Support Level | 300-6 |
| 2nd Support Level | 300-6 |
| 3rd Support Level | N/A |
| 52-Week High | 372-4 |
| Fibonacci 61.8% | 337-7 |
| Fibonacci 50% | 327-2 |
| Fibonacci 38.2% | 316-5 |
| Last Price | 300-6s |
| 52-Week Low | 282-0 |
