| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 342-4 +5.69% on 04/25/24 | | 433-4 -16.49% on 05/14/24 | +13-0 (+3.72%) since 04/19/24 |
| 3-Month | 323-0 +12.07% on 04/09/24 | | 433-4 -16.49% on 05/14/24 | +9-6 (+2.77%) since 02/21/24 |
| 52-Week | 323-0 +12.07% on 04/09/24 | | 529-4 -31.63% on 08/29/23 | +17-2 (+5.00%) since 05/19/23 |
The wheat complex was mixed to round out Tuesday, with the winter wheat holding up on Tuesday. Chicago contracts saw gains of 3 ¾ to 8 ¾ cents at the close. Kansas City futures posted fractional to 5...
Corn futures ended the Tuesday session with contracts fractionally 2 ½ cents in the red. Rains over the next couple days are limited to the WCB, with the ECB precip expected over the weekend. USDA reported...
Soybeans closed out the Turnround Tuesday session with contracts steady to 11 ¾ cents in the red, as some bear spreading was apparent with the nearbys down the most. Soymeal futures were down 20 cents...
Breakout to last Summer's Highs?
Traders stopped June at the top of the down trend line, via the close only chart. The bar chart only has a few more cents from today's high to put the price at the top trend line. With cash quite a...
After reaching highs in 2022, corn, soybean, and wheat prices plunged. The leading grain and oilseed markets feed and increasingly power the world. After reaching bottoms over the past months, prices have...
The wheat complex is mixed, with the winter wheat holding up on Tuesday. Chicago contracts are up 1 to 4 ½ cents on the day. Kansas City futures are fractionally to 2 cents higher. MPLS spring wheat futures...
Soybeans are trading with losses of 6 to 15 cents, as the nearbys are the weakest on some bear spreading. Soymeal futures are showing losses of $3.90 to $4.10/ton. Soy Oil is posting losses of 47 to 52...
Corn futures are trading with 3 to 5 cent losses so far on the Tuesday session, with USDA confirming planning pace picking back up. Rains over the next couple days are limited to the WCB, with the ECB...
I know there are new readers to this site every year. Given that, I feel compelled to post my annual Public Service Announcement regarding NASS' weekly numbers.
The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| ZON24 | 362-0s | -3-6 |
| Oats | ||
| ZCN24 | 458-0s | -2-4 |
| Corn | ||
| ZSN24 | 1236-2s | -11-6 |
| Soybean | ||
| ZMN24 | 372.3s | -1.8 |
| Soybean Meal | ||
| ZLN24 | 45.81s | -0.51 |
| Soybean Oil | ||
| ZWN24 | 697-4s | +8-6 |
| Wheat | ||
| KEN24 | 701-4s | +4-6 |
| Hard Red Wheat | ||
| MWN24 | 738-6s | -0-4 |
| Spring Wheat | ||
| ZRN24 | 18.590s | -0.260 |
| Rough Rice | ||
| RSN24 | 665.20s | +4.10 |
| Canola | ||
| 3rd Resistance Point | 379-6 |
| 2nd Resistance Point | 376-0 |
| 1st Resistance Point | 369-0 |
| Last Price | 362-0s |
| 1st Support Level | 358-2 |
| 2nd Support Level | 354-4 |
| 3rd Support Level | 347-4 |
| 52-Week High | 529-4 |
| Fibonacci 61.8% | 450-5 |
| Fibonacci 50% | 426-2 |
| Fibonacci 38.2% | 401-7 |
| Last Price | 362-0s |
| 52-Week Low | 323-0 |
