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Rapeseed Cash (XRY00)

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Soybeans with Double Digit Overnight Gains

Soybeans are trading 6 to 11 cents higher to start your Friday. They got a boost from the meal value on Thursday, with bean contracts up 14 to 34 ¼ cents across the board. Flooding in southern Brazil...

ZMN24 : 368.2 (+0.90%)
ZLN24 : 43.04 (-0.46%)
ZSK24 : 1202-0 (+1.01%)
ZSPAUS.CM : 11.4647 (+0.59%)
ZSN24 : 1205-4 (+0.54%)
ZSX24 : 1190-2 (+0.21%)
ZSPX24US.CM : 11.2838 (+0.22%)
Wheat Resumes Rallying into Friday

Overnight action in wheat has prices trading 5 to 12 cents higher this morning, with the winter wheat contracts leading the way. Wheat bulls held their ground on Thursday, with gains across all three exchanges....

ZWK24 : 586-4s (+0.86%)
ZWN24 : 615-4 (+1.86%)
KEK24 : 637-0s (+1.84%)
KEN24 : 648-2 (+1.85%)
MWK24 : 708-2s (+0.82%)
Corn Breaking Higher on Friday

Early Friday corn prices are 4 to 5 cents higher than they went home on Thursday. Futures ended Thursday with gains of 4 ½ to 9 cents across most contracts. Weakness in the US dollar has been helpful...

ZCK24 : 456-2 (+0.94%)
ZCPAUS.CM : 4.4147 (+0.83%)
ZCN24 : 463-4 (+0.82%)
ZCZ24 : 482-4 (+0.63%)
ZCPZ24US.CM : 4.5213 (+0.66%)
Lean Hogs Bull Run Ends At A 61.8% And 78.6% Fibonacci Retracements, Grains

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

HEM24 : 99.925s (-0.50%)
ZSK24 : 1202-0 (+1.01%)
ZCK24 : 456-2 (+0.94%)
ZWK24 : 586-4s (+0.86%)
Soy Meal Leading Soy Complex Charge on Thursday

Soybeans got a boost from the meal value on Thursday, with contracts up 14 to 34 ¼ cents across the board. Soymeal paved the way for the rally, with $8 to $15.90/ton gains. Soy Oil closed mixed, with...

ZMN24 : 368.2 (+0.90%)
ZLN24 : 43.04 (-0.46%)
ZSK24 : 1202-0 (+1.01%)
ZSPAUS.CM : 11.4647 (+0.59%)
ZSN24 : 1205-4 (+0.54%)
ZSX24 : 1190-2 (+0.21%)
ZSPX24US.CM : 11.2838 (+0.22%)
Wheat Comes Back to Post Thursday Strength

Wheat bulls held their ground on Thursday, with gains across the three exchanges. Kansas City futures were up 11 to 11 ½ cents across most contracts. Chicago contracts were 3 to 5 ¼ cents higher at...

ZWK24 : 586-4s (+0.86%)
ZWN24 : 615-4 (+1.86%)
KEK24 : 637-0s (+1.84%)
KEN24 : 648-2 (+1.85%)
MWK24 : 708-2s (+0.82%)
Corn Rallies into Close

Corn futures closed out the Thursday session with gains of 4 ½ to 9 cents across most contracts. Some precip is expected to make its way across the US over the next week, possibly putting a slow down...

ZCK24 : 456-2 (+0.94%)
ZCPAUS.CM : 4.4147 (+0.83%)
ZCN24 : 463-4 (+0.82%)
ZCZ24 : 482-4 (+0.63%)
ZCPZ24US.CM : 4.5213 (+0.66%)
Shootin' the Bull about volatility

Some are not familiar with what volatility is.  I think today's example will give you a good idea of how volatile the fat cattle futures market is.

Soy Meal Leading Soy Complex Charge on Thursday

Soybeans are posting solid midday strength of 20 to 36 cents. There were 386 contracts issued against May bean futures, and that brought the oldest long all the way up to 4/30/24. Of the 386, Bunge stopped...

ZMN24 : 368.2 (+0.90%)
ZLN24 : 43.04 (-0.46%)
ZSK24 : 1202-0 (+1.01%)
ZSPAUS.CM : 11.4647 (+0.59%)
ZSN24 : 1205-4 (+0.54%)
ZSX24 : 1190-2 (+0.21%)
ZSPX24US.CM : 11.2838 (+0.22%)
Wheat Bulls Feeling Weak in the Knees on Thursday

The wheat market is trying to hold some gains at midday. Kansas city is steady to 3 cents higher. There were again zero deliveries vs. KC HRW, with the oldest long subject to delivery now dated 12/6/23....

ZWK24 : 586-4s (+0.86%)
ZWN24 : 615-4 (+1.86%)
KEK24 : 637-0s (+1.84%)
KEN24 : 648-2 (+1.85%)
MWK24 : 708-2s (+0.82%)

Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point N/A
1st Resistance Point N/A
Last Price N/A
1st Support Level N/A
2nd Support Level N/A
3rd Support Level N/A

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52-Week High 0.00
Fibonacci 61.8% N/A
Fibonacci 50% N/A
Fibonacci 38.2% N/A
52-Week Low 0.00

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