Nearly half the year is over with and the triangulation of prices continues. This is expected to continue as packers appear reluctant to increase slaughter that would reduce their margins. More companies...
Grain futures had an impressive start to the week but that momentum fizzled yesterday afternoon and into today’s trade. Will technical support be defended?
Soybeans are taking a breather on Wednesday, showing midday losses of 10 to 13 cents across most contracts. Soymeal is trading $3.70/ton lower in the July contract. Soy Oil is following along, with contracts...
Futures are pulling back after a couple weeks of rallying and a USDA report on the horizon. Contracts are down anywhere from 6 to 8 cents across most front months on the midweek session. Weekly EIA data...
The overnight sessions have been misleading over the last few days, will today be a similar story or will the selling persist?
Wheat prices are down another 7 to 12 cents on your Wednesday morning. Futures faced some weakness on Tuesday after the last couple weeks of rallying. Chicago contracts were down a penny to 7 ½ cents,...
Corn prices are posting 2 to 3 cent losses on Wednesday morning. Futures slipped back on Turnaround Tuesday, with nearby contracts down ¼ to 3 ½ cents. Other contracts were steady to a penny higher....
Beans are trading 5 to 7 cents in the red so far in the midweek session. Bear spreading resulted in old crop losses of ½ to 2 ½ cents. New crop contracts were up 5 ¼ to 9 ¾ cents across most months.....
Educational and Actionable information using Fibonacci & W.D. Gann analysis.