Like Lemmigs off a Cliff #soybeans
Today’s ag market meltdown led by Brazilian political issues will hopefully be looked back on as a black swan event. The event itself...
Planting delays and Kansas snow
May corn futures topped out at 370 just short of our sales target of 373. Faced with poor fundamentals corn producers sell this rally...
Planting Season Doldrums
May corn turned lower after achieving our sales goal of 373. Stochastics point lower from here. Support is 363, 350 with risk to 333. ...
Should I be selling this rally?
May corn is showing signs of a short-covering rally as stochastics are approaching over-bought conditions. For those looking to raise...
CN:SB ratio narrows!
In recent weeks dec corn values have only fallen about 15 cents while nov soybeans have fallen 80 cents narrowing the corn:soybean ratio...
Tech Update 04-04-17
CK, stochastics not yet oversold so some upside remains, target 370, 373, 380, 385. Support is 349 CZ, stochastics weakening but still...
Moving averages hint at lower values
In the November soybean chart below take note of the pattern evolving from the various moving averages followed. The faster 20 day...
Wheat at 10 year lows, will it go lower?
Well, here we are, trading the 377 value I talked about last week. The problem with technical analysis is that each time new highs or...
Morning Comments
Corn Corn harvest at 27% harvested with a 32% average Brazil Ethanol futures were up 12% last week due to sugar production concerns US...
