Approaching Contract Highs, now what?
USDA launched the market into a familiar Fourth of July frenzy on June 30th when they reported final planted acres of soybeans fewer than...
Wheat, What Now?
Wheat closed over 480 last night for the first time since 8-19-2016, nearly a year ago. It’s way too early to declare that a new bull...
Producers Should Sell Wheat
At the time of this writing Corn and Soybean values are higher on the day and wheat values are significantly higher and testing the old...
Ag Futures Lower into USDA Report
July corn is very over-sold but there is no sign of a turn around. I would expect to text support at 363. The managed money position...
Ag Futures Resume Their Trend Lower
July corn completed its move back to the old high of 392 and abruptly turned lower. It is now trading in the congestion area of 373 with...
Bear Trap in Soybeans?
Disclaimer: Be very cautious talking in bullish terms to producers. Be that as it may. We might have just witnessed a classic Bear Trap...
Are Soybeans the new Wheat?
July corn has reached all of our upside targets as of today. Farmers should continue to sell this market strength. A correction lower...
Wheat has pollinated, now what?
Pollination is complete. It rained about every other day during that time therefor we will be monitoring fields for head scab in a...
Wet Weather and Wheat
I am monitoring weather and wheat as it begins to flower and pollonate. It is drizzly today and predictions are for rain 2 out of the...
This Week's Tech Comments
July corn is continuing its sideway trend and yesterday briefly poked above the 50% Fibonacci line I’ve been watching of 374. Support is...
