Corn Prices To Fire Up on Rising Energy CostsIt is official. Inflation is back. But not everywhere. Food inflation is on the decline. All three major crops, Soybean, Wheat, and Corn have declined substantially. Bearish sentiments rings loud across agri with ample supplies combined with solid harvest expectations.
Among crops, corn has fared
Wheat Market And The Potential Catalysts Building UpIn this video I go over one of my favorite markets the Wheat market and its current conditions and it's developing stories from dryness in the Kansas City Area a major producer of HRW wheat to war torn Ukraine and potential disruptions there. And with a market that is very heavily shorted by large m
Wheat: Bulls are Back! 🐂Wheat is once again showing its bullish side and is taking the first upward step out of the sideways movement of recent weeks. In the further course, the price should now continue the blue wave (c) and complete the superordinate wave A in turquoise. Following this, we expect a sell-off. Within the f
FCPO Outlook 4/20This is more to swing
Wait for reaction at 50% level. If price close above 4040 probably trend will change and can look forward to long after breakout reversal.
If breakout do occur, expect price go to HnS/QM Level based on Fibonacci Level.
Wheat Holding at the PCZ of a Bullish Bat Aligning with SupportWheat 2 years after topping out at the PCZ of a Bearish Shark that initiated a downtrend in 2022, has now come back to the top side of the range wheat traded in between the years of 2016 and 2020 before ultimately confirming the bottom at the PCZ of a Bullish Deep Gartley in 2019 and breaking free t
Can wheat break above previous trendline support?Wheat
Technicals (May)
Wheat futures shot higher overnight but got stonewalled by what was previously trendline support (now resistance). A failure to close out above 550-555 keeps the Bear camp in control with a potential retest of the lows still in play. Further escalation in the Middle East co
FCPO Week 17 2024 - Going lower?FCPO looks heavy. The drop might not ended yet but there might be a retracement higher. At this current level standing aside might be a good idea. Monday price action might be a good indicator on where price will go this week. Stand aside for now until new signal emerges.
Wheat vs the Daily 200MAWheat has been in a price normalization phase after the potential catastrophe of Russia's full scale invasion of its democratic neighbor. Since June 23, bulls have made several attempt to break and hold the daily 200MA, shown in green circles above. The first four attempts can be read as two sets of
(FCPO) Palm oil slips to over two-week low on subdued demand-Malaysian palm oil futures fell on Monday to their lowest closing in over two weeks, weighed down by lacklustre global demand and weaker crude as traders shrugged off data indicating tightening inventories.
-Market got some support from the resumption of Chinese palm oil buying on Friday but other
A Stick In The MudCorn
Technicals (May)
What more is there to say about the corn market that hasn’t been said already? The market remains range bound with daily ranges shrinking as of late, reminiscent of watching paint dry. The CME CVOL index which measures volatility remains near the low end of the years range. T
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Frequently Asked Questions
The nearest expiration date for Soybean Meal Futures (Jan 2024) is Jan 12, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Soybean Meal Futures (Jan 2024) before Jan 12, 2024.