Technically Speaking

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.

As AAA's national average diesel price hit a new record high of $5.77 Sunday, palm oil prices are showing signs of a possible top, offering conflicting signals for soybean oil prices.

Corn futures have plunged in the past week, along with wheat, sending spot July corn futures down over 50 cents last week and $1.00 per bushel lower just since early May. Some of the pressure resulted from an increase in planting, beneficial rains in the Corn Belt, and the...

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

Speculator selling briefly took July hogs below $100, but it looks like packer demand responded quickly to help prices regain support.

Over the weekend, more bad news emerged for world wheat markets. Just days after USDA projected India wheat production to be nearly record high and India wheat exports to reach a record high 8.5 mmt (312 mb), India chose to ban all wheat exports beginning in July. The net...

Minneapolis wheat has recovered 50% of the selloff from all-time highs in 2008.

Despite adverse weather and war in Ukraine, winter wheat prices are starting to show bearish concerns.