I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Last week I wrote about the gap higher in the Kansas City wheat (Hard Red Winter Wheat) chart pattern. I predicted it would continue to go higher and looking at the...

Soybeans closed the Tuesday session with front months down 1 to 4 ¼ cents in the front months and fractionally to 1 ¼ cents higher in the deferreds. The cmdtyView national average Cash Bean price was down 1 1/4 cents at $11.15. Soymeal futures were down $0.40 to $1.50 across...

The wheat complex posted a double digit rally across the three exchanges on Tuesday. Chicago SRW futures were 17 to 28 1/4 cents higher on Tuesday. KC HRW futures were up 18 to 29 ½ cents across most contracts. MPLS spring wheat was 12 1/2 to 21 1/2 cents higher...

Corn futures closed the Tuesday session with contracts 3 ¼ to 6 ½ cents higher, as spillover support from the wheat market is supportive. The CmdtyView national average Cash Corn price was up 7 cents at $4.32 1/4. NASS Crop Progress data showed the US corn crop at 25% planted...

We Aren't Staying Here.

New contract highs in the fats voids the anticipated H & S pattern.

Soybeans are slipping lower on Turnaround Tuesday, with contracts down 2 to 6 ½ cents. The cmdtyView national average Cash Bean price is down 5 3/4 cents at $11.10 1/2. Soymeal futures are down $2 to $2.50 across the front months, with Soy Oil futures up 55 to 65 points...

Corn futures are trading with 2 to 5 cent gains in most front months on Tuesday, as spillover support from the wheat market is supportive. The CmdtyView national average Cash Corn price is up 2 3/4 cents at $4.28 1/4. NASS Crop Progress data showed the US corn crop at...

The wheat complex is trading with contracts double digits higher across the three exchanges. Chicago SRW futures are 20 to 23 cents higher so far on Tuesday. KC HRW futures are up 20 to 25 ½ cents in the nearbys. MPLS spring wheat is showing 13 to 15 cent gains...

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

Wheat is in rally mode early on Tuesday, as contracts are up 8 to 15 cents across the three markets. The wheat complex saw strength across most contracts on Monday. Chicago SRW futures were 11 1/2 to 13 1/4 cents higher on the day. Open interest was down 676 contract...

Corn price action is up 2 ¼ to 3 ¼ cents in the front months early on Tuesday. Futures posted Monday gains of 1 ¼ to 5 ¾ cents across the board on Monday. Open interest was down 18,747 contracts on Monday, mainly via May (-54,461 contracts), with most rolling...