Low-Cost Options, With Limited Risk

Wheat is trading with double-digit losses on Monday morning. The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red last week. Kansas City HRW...

The corn market is falling lower on Monday morning, down 6 to 7 cents. Corn futures closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. Preliminary open interest was down 44,704...

The soybean market is trading with 6 to 8 cent losses early on Monday. They slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. Preliminary open interest was down 13,773 contracts on Friday, with...

Corn appears to need more time before moving higher.

FND for May grains on Wed, April 30th

Coffee has a maximum momentum score of 10, indicating that CTAs are fully invested and have little trading capital to add to existing longs.  In addition, the RSI score is 65 and amongst the strongest in the ag complex. Scores approaching 70 have a high likelihood of reversal.

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

Feeders Make New all-time high

The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red this week. Kansas City HRW contracts were able to sneak out fractional gains in...

Soybeans slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.03 ¾. Soymeal futures were up $1.30/ton, to slip $5.60 on the...

The corn market closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. The nearby CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.52 3/4. USDA reported a...