| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 8,554 +6.94% on 12/23/22 | | 9,392 -2.60% on 01/16/23 | +140 (+1.55%) since 12/16/22 |
| 3-Month | 8,554 +6.94% on 12/23/22 | | 9,752 -6.19% on 11/07/22 | -340 (-3.58%) since 10/14/22 |
Soybeans are trading 3 to 4 cents higher following overnight trade. They pushed lower into Thursday’s close, as contracts settled with losses of 6 ¾ to 15 ¼ cents on the day, led by the nearbys. Soymeal...
Overnight action in the corn market has prices up 3 to 4 cents this morning. Corn was lower on Thursday, with losses of 3 1/2 to 4 ¾ cents at the close. May was 3 ½ cents in the red and back below $4.30,...
The wheat markets are trading higher this morning with Chicago and MPLS putting in a joint effort to lead the way, up 5 to 7 cents. KC is steady to 2 cents higher. They put together some buyers on Thursday,...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
The wheat markets put together some strength on Thursday, as contracts were mostly higher. Chicago was the weakest, with nearby May closing down ¼, but other contracts up ¾ to 2 ¼ cents. Kansas City...
Thursday trading in the corn market saw weakness creep in, with losses of 3 1/2 to 4 ¾ cents at the close. May was 3 ½ cents in the red and back below $4.30, with December settling at $4.60, down 4 ¾....
Soybeans pushed lower into Thursday’s close, as contracts settled with losses of 6 ¾ to 15 ¼ cents on the day, led by the nearbys. Soymeal was down 70 cents to $3.0 at the closing bell. Soy Oil was...
Changes are taking place and you have to take note of them. The most important to me is the building of carry in the diesel fuel market. Diesel is the energy source of commerce. Manufacturing and...
Soybeans are trading in the red on Thursday, posting new daily lows at midday, with losses of 9 to as much as 13 cents. Soymeal is slipping lower, with May down 50 cents and July $2.0/ton lower. Soy Oil...
The wheat markets are trying to recover from the Wednesday weakness, as futures try to push higher at midday. Chicago is running low on fuel, with gains limited to just 1 to 3 cents. Kansas City is up...
The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| XXF23 | 9,148s | +450 |
| DCE Soybean Oil Jan '23 | ||
| XXU24 | 7,486s | -28 |
| DCE Soybean Oil | ||
| ZCN24 | 439-4 | +3-2 |
| Corn | ||
| ZSN24 | 1150-4 | +1-4 |
| Soybean | ||
| ZMN24 | 339.3 | +1.9 |
| Soybean Meal | ||
| ZLN24 | 44.30 | -0.36 |
| Soybean Oil | ||
| ZWN24 | 559-4 | +6-4 |
| Wheat | ||
| KEN24 | 577-0 | +1-6 |
| Hard Red Wheat | ||
| MWN24 | 652-2 | +9-2 |
| Spring Wheat | ||
| ZON24 | 345-4 | -0-4 |
| Oats | ||
| ZRN24 | 19.080 | -0.010 |
| Rough Rice | ||
| RSN24 | 621.20 | -1.10 |
| Canola | ||
| 3rd Resistance Point | 10,149 |
| 2nd Resistance Point | 9,771 |
| 1st Resistance Point | 9,459 |
| Last Price | 9,148s |
| 1st Support Level | 8,769 |
| 2nd Support Level | 8,391 |
| 3rd Support Level | 8,079 |
| 52-Week High | 11,806 |
| Fibonacci 61.8% | 10,499 |
| Fibonacci 50% | 10,095 |
| Fibonacci 38.2% | 9,691 |
| Last Price | 9,148s |
| 52-Week Low | 8,384 |
