| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 8,407.00 +7.00% on 02/02/22 | | 9,870.00 -8.86% on 02/24/22 | +588.84 (+7.00%) since 02/01/22 |
| 3-Month | 7,296.00 +23.30% on 12/02/21 | | 9,870.00 -8.86% on 02/24/22 | +1,699.84 (+23.30%) since 12/01/21 |
Corn futures closed out the Pre-WASDE trade session with contracts down 1 to 2 ¾ cents across most contracts. A few deferreds were steady to 1 ¼ cents higher. USDA issued a flash sale of 132,080 MT of...
Soybeans headed lower on Thursday, with contracts down 7 ¼ to 20 cents across the board, as the 2024 contracts held up at or above $12. Soymeal futures were down on the day, as contracts fell $1.70 to...
The wheat complex saw the bulls holding up on Thursday. Chicago contracts were up ¾ to 3 ¾ cents on the day. Kansas City futures closed with gains of 3 to 3 ¾ cents across most contracts. MPLS spring...
A definitive move in the feeder cattle futures today is believed to have set the stage for further declines. On the mid day cattle commentary, I noted a close above $255.22, or under $251.75 August,...
Soybeans are struggling on Thursday, as contracts are down 10 to 17 cents at midday, and November threating the slip below $12. Soymeal futures are down $3.90 to $4.10/ton. Soy Oil is also falling at midday,...
Corn is continuing the corrective action on Thursday, as contracts are down fractionally to 3 ents across the front months at midday. There were 364 contracts issued vs. May corn delivery overnight, with...
The wheat complex is posting double digit gains across most contracts this morning. Wheat saw selling across all three markets on Wednesday. Chicago wheat contracts were down 8 ¼ to 9 ½ cents on the...
Soybeans are posting lower trade on Thursday morning with contracts down 3 to 5 cents. Bulls took a breather on Wednesday, as contracts were down 9 ¼ to 19 ½ cents across the board. Soymeal also pulled...
Corn is trading fractionally to a penny lower ahead of this morning’s Export Sales report. Futures pulled back on Wednesday after a couple weeks of rallying and with a USDA report on the horizon tomorrow....
#5 | Unintended Consequences The U.S. imported a record amount of fats and oils in March, fueling a boom in renewable diesel production (literally). Imports of heavy-hitter feedstocks used cooking oil,...
The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| HUH22 | 8,995.84s | unch |
| SAFEX CBOT Beans Mar '22 | ||
| HUX24 | 8,393.00s | -78.00 |
| SAFEX CBOT Beans | ||
| ZCN24 | 459-6 | +3-2 |
| Corn | ||
| ZSN24 | 1212-2 | +3-6 |
| Soybean | ||
| ZMN24 | 374.9 | +2.0 |
| Soybean Meal | ||
| ZLN24 | 42.96 | +0.32 |
| Soybean Oil | ||
| ZWN24 | 656-0 | +18-4 |
| Wheat | ||
| KEN24 | 668-0 | +16-2 |
| Hard Red Wheat | ||
| MWN24 | 719-6 | +16-0 |
| Spring Wheat | ||
| ZON24 | 410-6 | +9-0 |
| Oats | ||
| ZRN24 | 18.975 | +0.180 |
| Rough Rice | ||
| RSN24 | 650.30 | -1.00 |
| Canola | ||
| 3rd Resistance Point | 8,995.84 |
| 2nd Resistance Point | 8,995.84 |
| 1st Resistance Point | 8,995.84 |
| Last Price | 8,995.84s |
| 1st Support Level | 8,995.84 |
| 2nd Support Level | 8,995.84 |
| 3rd Support Level | 8,995.84 |
| 52-Week High | 9,870.00 |
| Last Price | 8,995.84s |
| Fibonacci 61.8% | 8,646.99 |
| Fibonacci 50% | 8,269.20 |
| Fibonacci 38.2% | 7,891.41 |
| 52-Week Low | 6,668.40 |
