Technically Speaking

Soybean oil, along with other major vegetable oil markets, has recently made big gains. While the fundamentals remain solid and mostly bullish, it appears further gains could be questionable. The bean oil market appears to be very overbought, while managed money funds are now the...

A look at the U.S. Dollar Index, the Bloomberg Commodity Index, and crude oil.

In spite of rising interest rates and barge traffic problems on the Mississippi River, bullish demand for soy products continues to lend support to soybean prices.

Shrinking inventories of cattle are helping futures prices maintain support in the face of rising interest rates and economic worries.

December corn, on Monday's rally above the $7.00-level, with a close above that, could be pointing to a 25- to 30-cent higher move. The jury is still out on that possibility.

A look at livestock futures.

Many of the world's central banks joined last week's rate increase by the Federal Reserve and raised concerns about slower growth ahead.

On Monday, December corn appears to be headed for a fifth straight lower close. While Dec appears to still be in a bullish trend right ahead of heavy harvest activity, will it last?

A look at the grain futures ahead of Monday's 11 a.m. CDT WASDE report.

Despite numerous concerns about rising interest rates, the stock market and talk of recession, cattle and feeder prices look bullish at the moment, but I can't say the same for hogs.

For the third time since the last week in July, December corn futures gapped higher, with each of those gaps yet to be filled.

A look at energy markets.

Speculative fears about outside markets caused traders to dump soybean positions in late June and early July, but soy complex prices have rallied impressively since, gaining back lost ground.

The December corn chart has given us few hints as to where it is headed. Since the first of July, the contract has been moving mostly sideways in a wide range. On Friday, the USDA August report will be released and could send corn futures one way or the other from the July...

A look at uptrends in the livestock futures markets.

With inflation raging and the Federal Reserve pretty much telegraphing a late-July move to raise the Fed funds rate by another 75 basis points or more, the U.S. Dollar Index has been surging, matching a 20-year high at the end of last week. Could it have gone far enough for...

A look at crude oil, the U.S. Dollar Index and the Bloomberg Commodity Index.

The upward push in corn and wheat prices that has been going on since the fall of 2020 came to an abrupt end in June, largely influenced by investor fears about the economy.

August soybean meal futures appear to be trading within a descending triangle chart pattern suggesting that a solid break and close under $400 would be bearish. On the other hand, a rally and close above $420 would negate the bearish pattern.

A technical look at livestock futures charts.