Educational and Actionable information using Fibonacci and W.D. Gann analysis.
All industry participants spread themselves thinner in projected negative margins between sectors traded, as spreads between beef and cattle widened, and from weight class to weight class.
Corn futures are trading with contracts up 5 to 7 ¼ cents across most contracts on Friday. The CmdtyView national average Cash Corn price is higher on the day to $4.41 ¾. USDA reported a private export...
Soybeans futures are trading with contracts 3 to 8 cents higher as nearby May is down 1 ½ cents. The cmdtyView national average Cash Bean price is up 9 cents at $11.32 1/4. Soymeal futures are steady...
The wheat complex is showing mostly modest gains on Friday. Chicago SRW futures are mixed, with May down 3 ½ cents and other contracts up 1 to 2 cents. There were 312 delivery notices against May CBT...
There are more calls for the CFTC to step in and start regulating all the new "trading" (aka gambling) taking place in markets these days. The problem is the Commission's hands are tied.
Corn price action is mixed early on Friday, morning, with the now in-delivery May down 1 ¼ cents and other contracts 2 to 3 cents higher. Futures posted modest losses to close out April with contracts...
Soybeans are extending higher on Friday morning, with contracts up 3 to 4 cents. Futures bounced off early session lows on Thursday to close with contracts down ¼ to 1 ½ cents in old crop contracts and...
Wheat is mostly higher on Friday morning, with the nearby May thin and in-deliveries. The wheat complex posted some profit taking on Thursday, with all three markets facing pressure. Chicago SRW futures...
Nearby soybeans battle $12.00 as farmers watch the 200-week moving average. Our analysis shows why this market rally could reach a $12.70 target.