| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 430.00 +0.52% on 04/28/23 | | 494.50 -12.59% on 04/03/23 | -39.50 (-8.37%) since 03/28/23 |
| 3-Month | 418.75 +3.22% on 03/22/23 | | 568.75 -24.00% on 02/17/23 | -108.25 (-20.03%) since 01/27/23 |
| 52-Week | 418.75 +3.22% on 03/22/23 | | 845.00 -48.85% on 04/29/22 | -406.25 (-48.45%) since 04/28/22 |
This week I will highlight a Chicago Wheat calendar spread that was published in the SpreadEdge Newsletter this past weekend.
Educational and Actionable Information using Fibonacci and W.D. Gann Analysis
Wheat harvest started in TX & OK
A closer look at the chart, how funds are positioned, seasonal tendencies, and weather outlooks.
July SRW wheat saw a wide 20 cent range on Friday from -8 to +12 cents. At the close the board was 8 to 9 cents higher with July at a net 3c gain for the week. Front month HRW futures ended the session...
Most ag markets saw strength into the weekend, though meal futures were down $1.70 to $3.60 for the settle. July soymeal was down a net $4.40 for the week. Soybean prices ended the session with double...
After a highly contested week the corn market finished in the black. Aided by double digit gains on Friday, July was up a nickel for the week and Dec up by 6 3/4 cents from Friday to Friday. USDA cited...
Jim Roemer's video explains the causal relationship between these drought-driven fires and their impact on certain crops
Some of today’s strength may have come on the back of weather premium working its way back into the market ahead of the weekend. Many top producing states have been hot and try and some forecasts show...
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| XRK23 | 432.25s | -10.75 |
| Rapeseed May '23 | ||
| XRQ23 | 406.50s | +6.75 |
| Rapeseed | ||
| ZCN23 | 609-0s | +16-4 |
| Corn | ||
| ZSN23 | 1352-4s | +23-0 |
| Soybean | ||
| ZMN23 | 397.8s | -3.6 |
| Soybean Meal | ||
| ZLN23 | 49.50s | +1.64 |
| Soybean Oil | ||
| ZWN23 | 619-0s | +8-2 |
| Wheat | ||
| KEN23 | 812-2s | +9-6 |
| Hard Red Wheat | ||
| MWN23 | 807-6s | +18-6 |
| Spring Wheat | ||
| ZON23 | 337-4s | -1-4 |
| Oats | ||
| ZRU23 | 15.035s | +0.250 |
| Rough Rice | ||
| RSX23 | 637.60s | +3.90 |
| Canola | ||
| 3rd Resistance Point | 444.83 |
| 2nd Resistance Point | 441.42 |
| 1st Resistance Point | 436.83 |
| Last Price | 432.25s |
| 1st Support Level | 428.83 |
| 2nd Support Level | 425.42 |
| 3rd Support Level | 420.83 |
| 52-Week High | 845.00 |
| Fibonacci 61.8% | 682.17 |
| Fibonacci 50% | 631.88 |
| Fibonacci 38.2% | 581.58 |
| Last Price | 432.25s |
| 52-Week Low | 418.75 |
