Technically Speaking

The May soybean futures chart appears to be forming a bear flag pattern that typically indicates a downward resolution. However, chart patterns are certainly not always highly reliable and there are outside market forces controlling the narrative on grain and soy lately.

While the corn market has reacted in a positive manner from the renewed concern about dryness in the southern half of Argentina, the sharp fall in the U.S. dollar, rise in crude oil and recent talk about a policy in favor of year-round E15, there are some technical roadblocks...

March corn, having fallen 20 cents recently, is facing a crossroads of sorts, hovering just above the 100-day moving average and moving sideways in a consolidation phase. How will the next several weeks play out? There are conflicting fundamental and technical factors, making...

The soybean market may be on the cusp of a larger technical shift out of the bearish landscape of 2025.

The soybean market has been on a solid bull run since mid-October with the active January contract rallying as much as $1.20 per bushel, bottom to top, during that time. The rally was certainly helped along by optimism that a trade deal could be worked out with China. That deal...

December soymeal futures have posted an astounding eight straight sessions higher and are working toward making it a ninth to close this week.

Most-active December Kansas City wheat futures have fallen below long-term support at $5, cementing late 2025 wheat prices amongst the lowest in history.

The jury is still out on the 2025 soybean crop; but a decision may be close at hand. Dryness in parts of the southern and eastern Midwest in August might very well have compromised yield to some extent. However, there is a far bigger issue facing soybean growers and...

Despite near ideal growing season weather, a nonthreatening forecast into the middle of August and rising yield estimates, November beans have been able to bounce the past three days. However, based on rising supply, tepid demand and no China trade deal so far, I would not...

December corn on Monday is under severe pressure again and for about the eighth time is challenging the support area of $4.33 to $4.34. The more a chart point is challenged, the more vulnerable it becomes with each additional test. A look at the weekly version of the December...

Feeder cattle's dramatic rise to record highs is certainly cause for celebration in the short term -- and anxiety for long-term planning.

New-crop December corn futures are again trading amongst the lowest prices of the 2025 calendar year, but traders may be hesitant in placing too large of a bearish bet with the growing season still ahead.

The early April tariff pause, along with recent positive comments from both Treasury Secretary Scott Bessent and President Donald Trump, have soybean futures well supported in recent weeks. To make a move back toward the early February high, however, July futures will have...

New crop December corn futures have been on a tear since the end of March. In that time, December futures rallied 33 cents above the low set on March 31. A look at the weekly chart would show December bumping up against a long-term trendline, and close to what should be...

An average-price contract is a forward marketing contract that doesn't utilize options, with historical data showing that marketing new-crop corn in the spring rather than at harvest benefits producers over time.

December corn has fallen for seven consecutive days and is more than 30 cents from the recent high. Bearish implications from the soon-to-be enacted 25% tariff on the U.S.' number one corn importer Mexico, along with fund liquidation from favorable South American weather, are...

The price you pay for record high values is the anxiety and volatility that inevitably goes with them. That is one situation where technical analysis helps, so let's have a look.

Kansas City wheat, along with the other two U.S. wheat markets, show a possible reversal pattern and buy signal on Tuesday and Wednesday after challenging the contract lows on Monday.

Corn futures through the last quarter of 2024 have been quick to accelerate through technical roadblocks and prices are facing another technical test at $4.60.

After having support since mid-August at the $10.12 to $10.15 area, new-crop November 2025 soybean futures last week broke down slightly below that support area and may just have begun another leg lower. Although there is plenty of growing weather yet to endure in South...