| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 362-0 +3.59% on 03/19/21 | | 383-6 -2.28% on 03/24/21 | -2-4 (-0.66%) since 03/12/21 |
| 3-Month | 334-4 +12.11% on 02/02/21 | | 398-6 -5.96% on 03/08/21 | +19-6 (+5.56%) since 01/13/21 |
| 52-Week | 254-4 +47.35% on 04/17/20 | | 398-6 -5.96% on 03/08/21 | +118-6 (+46.34%) since 04/13/20 |
The Tuesday wheat complex is in the black at midday. CBT wheat futures are 4 1/4 to 5 3/4 cents in the black. KC HRW wheat futures are trading 6 1/4 to 7 1/4 cents higher so far. Spring wheat prices are...
Turnaround Tuesday has futures rallying. Old crop futures are 11 3/4 cents to 12 cents higher so far. Basis continues strengthening as well, as cmdtyView data shows the national average spot basis is about...
Soybean futures are clawing back some of Monday’s drops. Futures are 7 3/4 to 11 3/4 cents higher. The national average soybean basis from cmdtyView is 22 1/2 cents under May futures. Since the turn...
Corn reversed direction overnight, with futures 1 to 4 higher this morning. On Monday corn sustained old crop losses of 6 3/4 to 8 1/4 cents. New crop prices were firmer as Dec closed UNCH and the others...
Soybean futures are 5 to 7 cents higher to start the Turnaround Tuesday session. They had been 10 1/2 to 21 cents lower on Monday after Brazil trimmed their biodiesel blend requirement for May and June....
Wheat futures are mixed to begin the Tuesday session. Domestic wheat futures closed the Monday session off their lows, but still in the red. CBT SRW prices ended the session 8 to 10 3/4 cents lower with...
History tends to...
Export demand for US soybeans, at this time, continues to slow. The commercial side of the market continues to sell, as indicated by the weakening inverse in the old-crop May-July futures spread. However,...
Jim Roemer's wheat opinion - April 12, 2021
Domestic wheat futures closed the Monday session off their lows, but still in the red. CBT SRW prices ended the session 8 to 10 3/4 cents lower with May the weakest. KC HRW futures closed 7 1/2 cents in...
The Barchart Trading Guide is a Buy Signal with a Weak Signal Strength.
| 3rd Resistance Point | 379-6 |
| 2nd Resistance Point | 377-6 |
| 1st Resistance Point | 375-0 |
| Last Price | 375-0 |
| 1st Support Level | 370-2 |
| 2nd Support Level | 368-2 |
| 3rd Support Level | 365-4 |
| 52-Week High | 398-6 |
| Last Price | 375-0 |
| Fibonacci 61.8% | 343-5 |
| Fibonacci 50% | 326-5 |
| Fibonacci 38.2% | 309-5 |
| 52-Week Low | 254-4 |
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