| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 572.50 +9.43% on 03/01/24 | | 632.50 -0.95% on 03/22/24 | +56.50 (+9.91%) since 02/28/24 |
| 3-Month | 562.50 +11.38% on 02/06/24 | | 632.50 -0.95% on 03/22/24 | +48.00 (+8.30%) since 12/28/23 |
Jim covers the major weather drivers for soybeans, corn, wheat, cocoa, and natural gas.
Bearish WASDE For Soybeans. I Would Not Want To Be Long.
The wheat complex saw stronger trade on Friday, with assistance from some bull friendly USDA numbers. Chicago contracts were up 18 ¼ to 26 cents across most active contracts. Kansas City futures were...
Corn futures posted gains of 4 ¼ to 13 ¼ cents on the Friday session. Futures closed out the day near the highs, following the release of some bull friendly USDA data. In the Friday afternoon Commitment...
Bean futures saw Friday action heading higher into the weekend, as contracts were up anywhere from 1 ¾ to 12 ¼ cents across the board. Soymeal futures were down $1-$2.40/ton. Soy Oil was in rally mode...
In my opinion, some changes were noticed this week. Of the one most notable was further recognition of the agenda in place by others. As the impact from becomes more obvious, it has begun to make cattle...
The wheat complex is posting strong double digit gains on Friday. Chicago contracts are up 16 to 17 cents across the nearbys. Kansas City futures are trading 16 cents to the upside at midday. MPLS spring...
Corn futures are rallying post-USDA release on Friday, as contracts are up anywhere from 8 to 10 cents across most nearby months. This morning’s USDA WASDE report showed the old crop US stocks dropping...
The Barchart Trading Guide is a Buy Signal with a Weak Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| JPH24 | 626.50s | unch |
| DAP FOB NOLA Mar '24 | ||
| JPK24 | 507.50s | unch |
| DAP FOB NOLA | ||
| ZCN24 | 469-6s | +13-2 |
| Corn | ||
| ZSN24 | 1219-0s | +10-4 |
| Soybean | ||
| ZMN24 | 371.9s | -1.0 |
| Soybean Meal | ||
| ZLN24 | 44.44s | +1.80 |
| Soybean Oil | ||
| ZWN24 | 663-4s | +26-0 |
| Wheat | ||
| KEN24 | 673-2s | +21-4 |
| Hard Red Wheat | ||
| MWN24 | 720-0s | +16-2 |
| Spring Wheat | ||
| ZON24 | 410-6s | +9-0 |
| Oats | ||
| ZRN24 | 19.365s | +0.570 |
| Rough Rice | ||
| RSN24 | 663.60s | +12.30 |
| Canola | ||
| 3rd Resistance Point | 626.50 |
| 2nd Resistance Point | 626.50 |
| 1st Resistance Point | 626.50 |
| Last Price | 626.50s |
| 1st Support Level | 626.50 |
| 2nd Support Level | 626.50 |
| 3rd Support Level | 626.50 |
| 52-Week High | 632.50 |
| Last Price | 626.50s |
| Fibonacci 61.8% | 571.38 |
| Fibonacci 50% | 552.50 |
| Fibonacci 38.2% | 533.62 |
| 52-Week Low | 472.50 |
