Technically Speaking

Soybeans and soybean oil have been on a parabolic tear to the upside of late. Granted, there are some weather and fundamental issues, which are valid and have driven these gains. However, short term, both markets have become very overbought, and likely due for a...

For the seven months until the end of May, July soybean oil had been on a downward trajectory. Since May 31, July bean oil has rallied back 10 cents per pound, rising well above the 50-day average.

A technical look at December corn and November soybeans as conditions in the Midwest turn drier.

A technical look at two different price trends in the August contracts of live cattle and lean hogs.

After plunging more than 96 cents last week, July soybeans early Monday had a dramatic turnaround. The day is far from over, but early on July beans are flashing not one but two potential technical reversal signals.

Since May 8, November soybeans have plunged over $1.10 per bushel. Granted, the record Brazilian soy crop is weighing on our market, as well as financial worries and the WASDE projection for a 120-mb rise in U.S. ending stocks. However, there are reasons to believe that the...

Argentina's drought helped July soybean meal prices close higher in a week that was bearish for corn and soybeans.

Since the low that was made just four days ago, Kansas City July wheat has surged over $1.20 per bushel. Although a short-term setback is certainly possible, there are ample reasons as to why the bull run can continue.

A technical look at November soybeans and December corn.

July soybean meal futures have been beaten down in the past several weeks on fund selling, but we are getting close to a major support area which should halt the slide.

New-crop December corn futures have been in a freefall of late, closing lower for possibly the fourth consecutive day. Despite the bad news early Monday of a cancelation of a corn sale by China, December should find good support just below the Sunday night low.

A technical look at July contracts of corn and soybeans.

While there is certainly plenty of justification for Kansas City wheat to have risen to a huge premium to Chicago wheat, this spread, and the make-up of fund positions, may soon change the course of the spread.

A technical look at June live cattle and spot feeder prices.

A technical look at June live cattle and May feeders.

For 13 straight days, November soybeans closed lower -- before Friday that is. On Friday, the market overcame more early selling to close up sharply to finish last week.

A technical look at weekly soybean, soybean meal and bean oil prices.

Corn futures have been under serious selling pressure over the last several weeks, with December corn now having plunged 46 cents per bushel just since the last week in February. December, early on Monday, fell to within a dime of what should be solid support below.

A technical look at energy prices shows contracts starting to firm for the first time since last summer.