| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 2,769 +2.82% on 12/21/22 | | 2,898 -1.76% on 12/30/22 | unch (unch) since 12/16/22 |
| 3-Month | 2,769 +2.82% on 12/21/22 | | 2,944 -3.29% on 11/29/22 | -5 (-0.18%) since 10/14/22 |
In my opinion, cattle feeders got busy this week procuring inventory at the best basis spread of the year. Not only that, I have heard of light weight cattle being gobbled up for wheat pastures and the...
After a mostly bull friendly report, the wheat market is trading in the red through Friday’s midday. Chicago futures are down by double digits for midday, with 5 ½ cent losses in the KC wheat market....
Soybeans rallied out of the report initially, but gave it all back and then some for midday quotes 4 ¼ to 5 ¾ cents in the red. Soymeal is trading $1.60 to $1.70 weaker so far after the data. Midday...
Midday corn futures are trading a penny to 1 ½ cents in the red, following the report. March is sitting near the low for the day, and is 5 ¼ cents under the earlier high. USDA did not adjust the cash...
Nearby CBOT soft red winter wheat futures rose to a record high of $14.2525 in March 2022. At the most recent November 2023 low, the price was almost one-third the level at the 2022 all-time high. Wheat...
Corn and soybeans gain ground ahead of this morning’s WASDE report while the wheat rally stalls out. These are the levels to watch for in today’s trade.
Corn prices are fractionally to a penny higher going into the USDA report day. Preliminary OI data had the market net new buying yesterday into the data with 2k new futures, 5.4k new calls, and 5k new...
The Barchart Trading Guide is a Buy Signal with a Strong Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| XVF23 | 2,847s | -14 |
| DCE Corn Jan '23 | ||
| XVF24 | 2,490s | -3 |
| DCE Corn | ||
| ZCH24 | 485-4s | -2-4 |
| Corn | ||
| ZSF24 | 1304-0s | -7-6 |
| Soybean | ||
| ZMF24 | 404.7s | -2.1 |
| Soybean Meal | ||
| ZLF24 | 50.20s | -0.93 |
| Soybean Oil | ||
| ZWH24 | 631-6s | -10-4 |
| Wheat | ||
| KEH24 | 661-0s | -6-4 |
| Hard Red Wheat | ||
| MWH24 | 729-4s | -7-6 |
| Spring Wheat | ||
| ZOH24 | 355-4s | -6-0 |
| Oats | ||
| ZRF24 | 17.040s | -0.040 |
| Rough Rice | ||
| RSH24 | 667.00s | -8.20 |
| Canola | ||
| 3rd Resistance Point | 2,847 |
| 2nd Resistance Point | 2,847 |
| 1st Resistance Point | 2,847 |
| Last Price | 2,847s |
| 1st Support Level | 2,847 |
| 2nd Support Level | 2,847 |
| 3rd Support Level | 2,847 |
| 52-Week High | 3,158 |
| Fibonacci 61.8% | 2,941 |
| Fibonacci 50% | 2,875 |
| Last Price | 2,847s |
| Fibonacci 38.2% | 2,808 |
| 52-Week Low | 2,591 |
