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

Hedge funds added a record 112,500 net long contracts over the past 5 trading days.  In addition, net longs have increased over 117,000 contracts over the past 6 weeks.  This occurred just as Sugar enters one of the most bearish periods of the year. Sugar prices usually drop during March and April which makes these new purchases vulnerable.

Fed FOMC Rate Decision on Wednesday

Cattle Cash markets continue to show strength

The corn market closed Friday with front months down 6 to 8 cents in the nearbys as March expired and May dropping 10 ¾ cents on the week. New crop December was down 3 ¼ cents on Friday, with a 4 cent pullback this week. The CmdtyView national average Cash...

The wheat complex posted weaker trade on Friday across the three markets as March Rolled off the board. Chicago SRW was the weaker of the three, down 5 to 6 cents, with May 5 ¾ cents higher on the week. Kansas City HRW contracts were 1 to 2 cents lower...

Soybeans settled the Friday session with 5 to 7 cent gains across most contracts, with March rolling off the board. May futures were down 9 cents this week, with new crop November 7 ½ cents lower. CmdtyView’s national front month Cash Bean price was up 5 1/2 cents at $9.53....

Funds Pare Positions Amid Uncertainties

Soybeans are trading with contracts 4 to 10 cents higher at midday. CmdtyView’s national front month Cash Bean price is up 4 cents at $9.51 1/2. Soymeal futures are down $1.20/ton in the nearbys, with Soy Oil futures 31 points higher. There were 30 deliveries issued against the expiring March...

The wheat market is showing mostly lower trade on Friday as March futures expires. Chicago SRW futures are mostly 6 to 8 cents in the red. KC HRW futures are down 2 to 3 cents on the session. There were another 11 deliveries against March KC wheat overnight, with 4...

Corn futures are trading with 7 to 10 cent losses across the front months on Friday, with New crop down 2 ½ cents. There were no deliveries for March futures overnight, with the contract expiring today. The CmdtyView national average Cash Corn price is back down 7 1/2 cents at...

5 | Twins It’s purely coincidental that old crop beans seem to be following the same pattern as they did during Trump's first term in office, but important to note that we didn't dive headfirst into an all-out trade war until the second year of his first term versus a...