Grains

#CQGWeeklyGlobalCornRecap #cornfutures #corn

#CQGWeeklyGlobalCornRecap #cornfutures #corn

#CQGWeeklyGlobalCornRecap #cornfutures #corn

#CQGWeeklyGlobalSoybeansRecap #soybeansfutures #soybeans

I love creating sayings that drive home truths in technical analysis. One of my favorites has always been:

“First test good,

second okay,

third go the other way.”

So,… more

Since the May 7th high at $6.38/bu., CME Group December 2021 Corn futures have been trading in a sideways albeit large trading range with the $6.10-$6.38 area as resistance and $5.00-$5.15 area as… more

Prices for the actively traded July 2021 CME Group soybean oil futures reached all-time new highs in recent trading sessions (see Figure 1), spurred by increasing demand from the biofuels industry… more

We are now in the heart of the planting season for the 2021 crop year. Last April, prices were languishing at lows. Nearby CBOT corn futures traded to a low of $3.0025 per bushel. Soybean futures… more

Over the past few months there’s been an increasing buzz about commodity prices… grains, crude oil, industrial and precious metals have all broken to the upside and one of the most uttered phrases… more

In August 2020, the US Federal Reserve made a not-so-subtle change to its inflation policy. The world’s leading central bank shifted from a 2% target to an average of a 2% target for the economic… more