| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 407.00 +3.87% on 12/28/20 | | 436.00 -3.04% on 01/13/21 | +14.00 (+3.43%) since 12/22/20 |
| 3-Month | 381.25 +10.89% on 10/29/20 | | 436.00 -3.04% on 01/13/21 | +26.25 (+6.62%) since 10/22/20 |
| 52-Week | 340.00 +24.34% on 03/16/20 | | 436.00 -3.04% on 01/13/21 | +32.50 (+8.33%) since 01/22/20 |
The wheat complex fell in the broad grain selloff ahead of the weekend. CBT SRW futures weakened 3.56% to 3.97% on the day. KC HRW wheat futures were down 3.25% to 3.54% at the close. MPLS HRS futures...
Soybean prices go into the weekend with losses of at least 56 cents in the front months. The entire complex weakened on Friday, but the board crush spread was back up 8 1/2 cents to 80.10, as the $16-$18/...
Corn futures head into the weekend with double digit losses. March futures touched limit down briefly, bounced, and still closed near the session lows. The other front months were down 21 1/4 to 23 1/2...
Grains drop and livestock pops. Is this the beginning of a new trend? Oliver Sloup breaks down the action in the ag markets.
Weekly Newsletter #1036 Day Trading Commodities w/ Crude Oil Futures, Soybean Futures Chart and Resistance Levels 1.25.2021
Long in the tooth
The wheat complex is in the red at midday. CBT SRW futures are down 2.78% to 2.99% at midday. KC wheat is trading 2.15% to 2.36% in the red. MPLS HRS futures are down 2.4% to 2.57% so far. USDA’s Export...
Corn futures are in the red with double digit midday losses. EIA data showed ethanol producers averaged 945k barrels of production per day on the week ending 1/15. That was up 4,000 bpd wk/wk. Stocks shrank...
Front month bean futures are down 26 1/2 to 30 cents so far. Soymeal futures are $8.20 to $8.50 in the red. Soy oil prices are down 56 to 60 points. Chinese importers purchased 136,000 MT of old crop beans...
Grain markets are giving back some gains. Is the pullback a buying opportunity?
The Barchart Trading Guide is a Buy Signal with a Average Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| XRK21 | 422.75s | -3.50 |
| Rapeseed | ||
| ZCH21 | 500-4s | -23-6 |
| Corn | ||
| ZSH21 | 1311-6s | -58-4 |
| Soybean | ||
| ZMH21 | 421.6s | -16.6 |
| Soybean Meal | ||
| ZLH21 | 42.27s | -1.16 |
| Soybean Oil | ||
| ZWH21 | 634-4s | -26-2 |
| Wheat | ||
| KEH21 | 613-2s | -22-4 |
| Hard Red Wheat | ||
| MWH21 | 612-4s | -22-6 |
| Spring Wheat | ||
| ZOH21 | 345-2s | -15-2 |
| Oats | ||
| ZRH21 | 13.275s | +0.030 |
| Rough Rice | ||
| RSH21 | 649.60s | -7.40 |
| Canola | ||
| 3rd Resistance Point | 427.17 |
| 2nd Resistance Point | 426.08 |
| 1st Resistance Point | 424.42 |
| Last Price | 422.75s |
| 1st Support Level | 421.67 |
| 2nd Support Level | 420.58 |
| 3rd Support Level | 418.92 |
| 52-Week High | 436.00 |
| Last Price | 422.75s |
| Fibonacci 61.8% | 399.33 |
| Fibonacci 50% | 388.00 |
| Fibonacci 38.2% | 376.67 |
| 52-Week Low | 340.00 |
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