| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 615.40 +2.86% on 04/17/24 | | 654.20 -3.24% on 04/02/24 | -3.10 (-0.49%) since 03/28/24 |
| 3-Month | 584.50 +8.30% on 02/23/24 | | 660.30 -4.13% on 03/21/24 | +15.80 (+2.56%) since 01/29/24 |
| 52-Week | 584.50 +8.30% on 02/23/24 | | 822.60 -23.05% on 07/24/23 | -57.40 (-8.31%) since 04/28/23 |
Corn futures ended the Monday session with contracts fractionally to 1 ¼ cents lower across most contracts. Tuesday is first notice data for May corn futures. Export Inspections data from FGIS showed...
Wheat futures backed off in the winter wheat contracts to start off the week. Chicago contracts were down 4 ½ to 13 ¾ cents on the session. Kansas City was down 1 ¼ to 3 ¾ cents across most contracts....
Soybeans closed with contracts 1 ¼ to 4 ¾ cents higher on the Monday session despite showing double digit gains earlier in the day. Soymeal was in rally mode, as contracts were up $6.40 to $9.60/ton....
Not much transpired today. Traders just don't seem to be willing to produce premium on futures contract for the industry to dump cattle on them. With beef production down 2.6% year over year, there...
Sell into Strength. Ground Beef now being Tested for Bird Flu
The impact of farmer length when it comes to price moves as speculators work to cover their shorts.
Corn futures are showing fractional losses so far on Monday. Preliminary open interest dropped a sharp 39,164 contracts. That was to be expected given the expiration of the May options (OI there declined...
The Barchart Trading Guide is a Sell Signal with a Soft Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| RSN24 | 633.00s | -1.40 |
| Canola | ||
| ZCN24 | 449-2s | -0-6 |
| Corn | ||
| ZSN24 | 1182-0s | +4-6 |
| Soybean | ||
| ZMN24 | 354.3s | +9.6 |
| Soybean Meal | ||
| ZLN24 | 44.37s | -1.17 |
| Soybean Oil | ||
| ZWN24 | 608-4s | -13-6 |
| Wheat | ||
| KEN24 | 650-4s | -3-6 |
| Hard Red Wheat | ||
| MWN24 | 707-6s | +4-2 |
| Spring Wheat | ||
| ZON24 | 369-6s | +11-0 |
| Oats | ||
| ZRN24 | 19.460s | +0.480 |
| Rough Rice | ||
| 3rd Resistance Point | 654.57 |
| 2nd Resistance Point | 649.73 |
| 1st Resistance Point | 641.37 |
| Last Price | 633.00s |
| 1st Support Level | 628.17 |
| 2nd Support Level | 623.33 |
| 3rd Support Level | 614.97 |
| 52-Week High | 822.60 |
| Fibonacci 61.8% | 731.65 |
| Fibonacci 50% | 703.55 |
| Fibonacci 38.2% | 675.45 |
| Last Price | 633.00s |
| 52-Week Low | 584.50 |
