December has been caught between 61.8% retracements. The June high was just short of it at 78.55 (61.8%) and the 72.28 major Gann square, the setback from there held 61.8% back to the 5/26/23 low at 71.40...

Wheat trade pushed lower again on Thursday, again led by the KC market. HRW futures were down by 1.2% across the front months, leaving Dec at a net 26 cent loss for the week and at new lows for the move....

The Thursday session ended with nickel gains in corn after a an 8 ¼ cent range. December futures are now up 11 cents for the week’s move, with Friday (and its USDA Grain Stocks report) to go. Barchart’s...

Front month bean prices settled 2 ¾ to 4 ¼ cents lower on Thursday. Nov futures saw a wide 20 cent range and closed 13 ½ cents off the session low. Barchart data showed basis was -68c in the WCB and...

Volatility has picked up across many commodity markets as traders look to manage positions into the end of the quarter.

Two days of perceived heavy human selling was interrupted today by lack of human presence and a large one by the computers.  Humans can't act, or react at the speed of the computer generated trade.

The weather models have been expecting a Super El Nino to Develop by the 4th quarter of 2023. That potential looks very unlikely given current climate variable developments. What looks more likely is the...

Current soybean futures are fractionally to 2 ½ cents in the red. Soymeal futures are trading $4 higher at midday. Soybean Oil futures are currently 114 to 120 points lower. USDA’s weekly Export Sales...

Midday corn futures are up by 1 ¾ to 3 ½ cents so far for Thursday. The weekly FAS report showed 841,783 MT of corn was booked during the week that ended 9/21. That was up 48% for the week and was 44%...

Wheat prices are currently red through Thursday. CBT is 1 ¼ to 1 ¾ cents lower. KC HRW is trading 6 ¼ to 9 ½ cents lower so far. HRS is fractionally to 2 cents lower. USDA’s weekly Export Sales...