USDA October Report; Feast or Famine?
December corn received no help from yesterday’s USDA monthly supply and demand report but traded higher nevertheless in sympathy with...
Will Low Prices Cure Low Prices?
The corn and soybean markets anxiously await actual yield results in order to set price direction. So far that data has been mixed. ...
With Harvest At Hand Are Market Lows In?
Corn and beans have likely placed a short-term bottom. The markets have come to grips with the idea that USDA may be right with their...
Support Tested, Spreads Widening
Support of 349 in Sep corn is being tested. A break of that level sets us up for downside risk to 332. Support on the weekly chart is...
May God Help Market Bulls if USDA is Correct
When giving market recommendations based on the technical analysis it is accurate only when coupled with good analysis of the underlying...
Ag Markets Continue Their Losing Ways
Sep corn did not test the resistance of 380 in the past week but broke support of 365 instead, setting itself up for a test of 349, the...
Ag Markets Weak But Sales Unwarrented
Crop conditions for corn and soybeans continued their weekly decline this week but despite that corn traded lower on Tuesday after the...
Lackluster Trade Brings Questions
In Monday’s Crop Condition report USDA said that the nation’s corn and soybean crop continued its deterioration. In fact, all 10 top...
Will Noncommercials Buy the Break?
All ag markets are reacting to somewhat bearish USDA S/D report on Wednesday and recent mid-west rains. One should anticipate that the...
