| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 291-4 +12.61% on 05/02/23 | | 352-6 -6.95% on 04/19/23 | -7-4 (-2.23%) since 04/12/23 |
| 3-Month | 291-4 +12.61% on 05/02/23 | | 385-6 -14.91% on 03/29/23 | -44-2 (-11.88%) since 02/10/23 |
| 52-Week | 291-4 +12.61% on 05/02/23 | | 625-4 -47.52% on 06/09/22 | -260-4 (-44.25%) since 05/12/22 |
Cattle and Beans about to break again... Bullish Corn Now.
The wheat markets closed the Wednesday with contracts heading towards the lows. Chicago futures were down 4 ¾ to 12 ¾ cents. Kansas City posted losses of 8 ¾ to 14 ¾ cents at the close. MPLS was the...
Soybeans saw 1 ½ to 5 cent higher trade on Wednesday, as there was some recovery in the product values. Soymeal ended the day with contracts up $1.20 to $3.40/ton, with Soy Oil 1 to 9 points higher in...
Corn ended the midweek session with weakness, as contracts were down ¾ to 2 ½ cents on the day. New crop December led the way with the 2 ½ cent drop, with May down the ¾. EIA data from this morning...
Conditions Impressive for Soft Red Winter
Price action today didn't seem to impress anyone. There remains some indecision and skepticism as to what the next most probable move is going to be. My analysis continues to suggest further triangulation...
Soybeans are trading on the higher side of unchanged so far on the midweek session as futures are up 1 to 2 ½ cents so far. The product values keep a supportive thing for once this week, with Soymeal...
Corn futures are felling some spillover pressure from wheat, as contracts are down ½ to 2 cents at midday. New crop December is 1 ½ cents lower. EIA data from this morning showed a sharp 73,000 barrel...
The wheat markets are heading lower at midday, pressed by the winter wheat. Chicago contracts are down 8 to 9 cents at midday, as well as the Kansas City futures. Minneapolis spring wheat is steady to...
Corn remains mostly range bound while soybeans have seen a more decisive move lower. Wheat futures feel like they could be on the brink of a bigger directional move.
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| ZOK23 | 328-2s | unch |
| Oats May '23 | ||
| ZOK24 | 351-4 | +2-2 |
| Oats | ||
| ZCN24 | 440-0 | -1-0 |
| Corn | ||
| ZSN24 | 1162-4 | -1-6 |
| Soybean | ||
| ZMN24 | 338.6 | -1.2 |
| Soybean Meal | ||
| ZLN24 | 45.66 | +0.10 |
| Soybean Oil | ||
| ZWN24 | 553-2 | +1-0 |
| Wheat | ||
| KEN24 | 571-0 | +2-0 |
| Hard Red Wheat | ||
| MWK24 | 635-2 | +2-0 |
| Spring Wheat | ||
| ZRK24 | 18.780 | -0.050 |
| Rough Rice | ||
| RSN24 | 623.60 | -0.20 |
| Canola | ||
| 3rd Resistance Point | 328-2 |
| 2nd Resistance Point | 328-2 |
| 1st Resistance Point | 328-2 |
| Last Price | 328-2s |
| 1st Support Level | 328-2 |
| 2nd Support Level | 328-2 |
| 3rd Support Level | 328-2 |
| 52-Week High | 625-4 |
| Fibonacci 61.8% | 497-7 |
| Fibonacci 50% | 458-4 |
| Fibonacci 38.2% | 419-1 |
| Last Price | 328-2s |
| 52-Week Low | 291-4 |
