Jul 22, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin


Pro Farmer Tech Talk

RSS By: Jim Wyckoff, Pro Farmer

Pro Farmer technical analyst Jim Wyckoff's daily thoughts.

Jim's Afternoon Markets Report--June 28

Jun 29, 2012

Thursday Evening, June 28-Jim Wyckoff's Daily Markets
Update

Questions? Just email me at jim@jimwyckoff.com . I enjoy
hearing from my readers worldwide.--Jim

Click below for "Today’s Hot Market" item on my website.

http://www.jimwyckoff.com/hotmarket/hotmarket.asp

Dear Valued Subscriber: Following are today's significant
developments in the U.S. futures markets.

*. LIVESTOCK: August live cattle closed up $2.35 at $119.60
today. Prices closed nearer the session high again today
and saw heavy short covering and bargain hunting. Today’s
strong follow-through buying is an early clue that a
bullish double-bottom reversal pattern has developed on the
daily bar chart and that a market low is in place. Bulls
have quickly gained upside near-term technical momentum.
The bulls' next upside price breakout objective is to push
and close prices above solid technical resistance at the
June high of $121.50. The next downside technical breakout
objective for the bears is pushing and closing prices below
solid technical support at this week’s low of $115.40.
First resistance is seen at today’s high of $119.95 and
then at $120.60. First support is seen at $119.00 and then
at $118.50. Wyckoff's Market Rating: 4.5

August feeder cattle closed up $1.60 at $150.45 today.
Prices closed near the session high today. There was good
follow-through buying today and a bullish key reversal up
was confirmed on the daily bar chart, which is one early
clue that a market low is now in place. Short covering and
bargain hunting were featured today. Bears do still have
the overall near-term technical advantage. The next upside
price breakout objective for the feeder bulls is to push
and close prices above solid technical resistance at
$152.50. The next downside price breakout objective for the
bears is to push and close prices below solid technical
support at this week’s low of $146.50. First resistance is
seen at $151.20 and then at $152.00. First support is seen
at $150.00 and then at today’s low of $149.37. Wyckoff's
Market Rating: 3.0

August lean hogs closed up $2.20 at $93.90 today. Prices
closed nearer the session high today and hit a fresh 2.5-
month high. Heavy short covering and bargain hunting were
featured ahead of Friday’s quarterly USDA hogs and pigs
report. Hog bulls have gained the near-term technical
advantage and have good upside technical momentum. The next
upside price breakout objective for the hog bulls is to
push and close prices above solid chart resistance at the
April high of $95.15. The next downside price breakout
objective for the bears is pushing prices below solid
technical support at $90.00. First resistance is seen at
today’s high of $94.30 and then at $95.00. First support is
seen at $93.50 and then at $93.00. Wyckoff's Market Rating:
6.5

*. GRAINS: December corn futures closed down 2 cents at
$6.31 today. Prices closed nearer the session low on some
profit taking today. The key “outside markets” were bearish
for corn today as the U.S. dollar index was higher and
crude oil prices were solidly lower. Bulls are still
strong, however, as a major weather market is playing out
in the U.S. Corn Belt. A “heat dome” is building over the
region right during the critical pollination stage of
growth for corn. Weather in the Corn Belt the next several
weeks will trump the technicals. Corn market still bulls
have the solid near-term technical advantage. Traders are
awaiting Friday morning’s USDA acreage and quarterly stocks
report, which is normally a very important report. However,
the Corn Belt weather will also trump that report. Corn
bulls' next upside price breakout objective is to push and
close prices above solid technical resistance at the
contract high of $6.73 1/2. The next downside price
breakout objective for the bears is pushing and closing
prices below psychological support at $6.00. First
resistance for July corn is seen at $6.40 and then at
today’s high of $6.48 3/4. First support is seen at today’s
low of $6.25 1/2 and then at $6.17 1/4. Wyckoff's Market
Rating: 8.0

November soybeans closed down 4 1/2 cents at $14.07 1/2 a
bushel today. Prices closed near mid-range today and saw
profit taking. The key “outside markets” were bearish for
soybeans today as the U.S. dollar index was higher and
crude oil prices were solidly lower. The recent dry and hot
weather in the Corn Belt, and more in the forecast, is
still very bullish for beans. Traders are awaiting Friday
morning’s USDA acreage and quarterly stocks report, which
is normally a very important report. However, the Corn Belt
weather will also trump that report. Bean bulls still have
the strong overall near-term technical advantage. The next
near-term upside technical breakout objective for the
soybean bulls is pushing and closing prices above major
psychological resistance at $15.00 a bushel. The next
downside price breakout objective for the bears is pushing
and closing prices below solid technical support at $13.64
1/2. First resistance is seen at today’s high of $14.22 1/2
and then at Wednesday’s contract high of $14.39 3/4. First
support is seen at $14.00 and then at today’s low of $13.92
3/4. Wyckoff's Market Rating: 8.5.

December soybean meal closed up $1.90 at $414.00 today.
Prices closed nearer the session high today. Meal bulls
still have the strong overall near-term technical
advantage. The next upside price breakout objective for the
bulls is to produce a close above solid technical
resistance at $425.00. The next downside price breakout
objective for the bears is pushing and closing prices below
solid technical support at $400.00. First resistance comes
in at today’s high of $416.70 and then at $420.00. First
support is seen at $410.00 and then at today’s low of
$407.50. Wyckoff's Market Rating: 8.5

December bean oil closed down 55 points at 51.65 cents
today. Prices closed nearer the session low today. The key
“outside markets” were bearish for bean oil today as the
U.S. dollar index was higher and crude oil prices were
solidly lower. Bulls and bears are on a near-term level
technical playing field. The next upside price breakout
objective for the bean oil bulls is pushing and closing
prices above solid technical resistance at 53.00 cents.
Bean oil bears' next downside technical price breakout
objective is pushing and closing prices below solid
technical support at 50.00 cents. First resistance is seen
at 52.00 cents and then at today’s high of 52.36 cents.
First support is seen at today’s low of 51.36 cents and
then at this week’s low of 51.21 cents. Wyckoff's Market
Rating: 5.0

December Chicago SRW wheat closed down 6 1/4 cents at $7.66
today. Profit taking was featured. Prices closed nearer the
session low today. The key “outside markets” were bearish
for wheat today as the U.S. dollar index was higher and
crude oil prices were solidly lower. The wheat market is
following corn and soybeans and there are also some weather
problems in eastern Europe and Australia wheat regions.
Traders are awaiting Friday morning’s USDA acreage and
quarterly stocks report, which is normally a very important
report. However, the Corn Belt weather will also trump that
report. Wheat bulls have gained solid upside near-term
technical momentum recently. Bulls have the near-term
technical advantage. However, it’s my bias that wheat has
become over-extended on the upside and is near a market
top. Wheat bulls’ next upside breakout objective is to push
and close Chicago SRW prices above major psychological
resistance at $8.00 a bushel. The next downside price
breakout objective for the wheat futures bears is pushing
and closing prices below psychological support at $7.00.
First resistance is seen at today’s high of $7.78 1/4 and
then at this week’s high of $7.83 1/4. First support lies
at $7.59 and then at $7.45 1/2. Wyckoff's Market Rating:
7.5.

December K.C. HRW wheat closed down 8 1/2 cents at $7.74
1/3 today. Prices closed nearer the session low today on
profit taking. Bulls still have some upside near-term
technical momentum and have the solid overall near-term
technical advantage. Bulls' next upside price breakout
objective is pushing and closing prices above major
psychological resistance at $8.00. The bears' next downside
breakout objective is pushing and closing prices below
solid technical support at $7.25. First resistance is seen
at this week’s high of $7.90 1/4 and then at $8.00. First
support is seen at $7.67 and then at $7.62. Wyckoff's
Market Rating: 7.0

December oats closed down 2 1/4 cents at $3.43 today.
Prices hit a fresh five-week high today and closed near
mid-range. Oats are following the major grains on a bull
run. Oats bulls have the solid overall near-term technical
advantage. Bears' next downside price breakout objective is
pushing and closing prices below major psychological
support at $3.00. Bulls' next upside price breakout
objective is pushing and closing prices above solid
technical resistance at $3.50. First support lies at $3.40
and then at today’s low of $3.35 3/4. First resistance is
seen at $3.45 1/2 and then at $3.50. Wyckoff's Market
Rating: 7.5

*. SOFTS: October sugar closed down 48 points at 20.47
cents today. Prices closed nearer the session low today
after hitting a fresh nine-week high early on. The key
“outside markets” were bearish for sugar today as the U.S.
dollar index was higher and crude oil prices were solidly
lower. The bears have the overall near-term technical
advantage. However, prices are still in a gentle uptrend on
the daily bar chart. Bulls' next upside price breakout
objective is to push and close prices above solid technical
resistance at today’s high of 21.39 cents. Bears' next
downside price breakout objective is to push and close
prices below solid technical support at the June low of
19.24 cents. First resistance is seen at 20.75 cents and
then at 21.00 cents. First support is seen at today’s low
of 20.21 cents and then at 20.00 cents. Wyckoff's Market
Rating: 3.0.

September coffee closed down 205 points at 162.80 cents.
Prices closed near mid-range today. The key “outside
markets” were bearish for coffee today as the U.S. dollar
index was higher and crude oil prices were solidly lower.
The bears have the overall near-term technical advantage.
The coffee bulls' next upside breakout objective is to
close prices above solid technical resistance at 175.00
cents. The next downside price breakout objective for the
bears is closing prices below solid technical support at
the June low of 150.10 cents a pound. First resistance is
seen at today’s high of 165.15 cents and then at this
week’s high of 168.55 cents. First support is seen at
today’s low of 160.85 cents and then at 160.00 cents.
Wyckoff's Market Rating: 2.5

September cocoa closed up $8 at $2,240 a ton. Prices closed
nearer the session high today and saw more short covering.
Cocoa bears still have the overall near-term technical
advantage, but good follow-through buying on Friday and a
bullish weekly high close would provide the bulls with some
fresh upside near-term technical momentum. The next upside
price breakout objective for the cocoa bulls is to push and
close prices above solid technical resistance at the June
high of $2,271. The next downside price breakout objective
for the bears is pushing and closing prices below solid
technical support at this week’s low of $2,085. First
resistance is seen at this week’s high of $2,254 and then
at $2,271. First support is seen at today’s low of $2,208
and then at $2,175. Wyckoff's Market Rating: 3.5

December cotton closed up 155 points at 69.51 cents today.
Prices closed nearer the session high today on short
covering in a bear market. Price action today also scored a
bullish “outside day” up on the daily bar chart. The cotton
bears still have the overall near-term technical advantage.
The next upside price breakout objective for the bulls is
to produce a close above solid technical resistance at the
June high of 74.80 cents. The next downside price breakout
objective for the cotton bears is to push and close prices
below solid technical support at the June low of 64.61
cents. First resistance is seen at this week’s high of
70.33 cents and then at 72.00 cents. First support is seen
at 68.00 cents and then at today’s low of 67.16 cents.
Wyckoff's Market Rating: 3.0

September orange juice closed up 80 points at $1.1425
today. Prices closed neare mid-range today on short
covering. FCOJ bears have the overall near-term technical
advantage. However, this market may be “basing” at lower
price levels, which means a market low may be in place. The
next upside price breakout objective for the FCOJ bulls is
pushing and closing prices above technical resistance at
$1.2500. The next downside technical breakout objective for
the FCOJ bears is to produce a close below solid technical
support at the June low of $1.0765. First resistance is
seen at today’s high of $1.1645 and then at last week’s
high of $1.1850. First support is seen at this week’s low
of $1.1020 and then at the June low of $1.0765. Wyckoff's
Market Rating: 3.0.

July lumber futures closed up $0.40 at $274.90 today. Bears
have the overall near-term technical advantage. The next
downside technical breakout objective for the lumber bears
is pushing and closing prices below solid technical support
at the April low of $262.50. The next upside price breakout
objective for the bulls is pushing and closing prices above
solid technical resistance at $280.00. First resistance is
seen at $276.00 and then at $278.00. First support is seen
at $272.00 and then at $270.60. Wyckoff's Market Rating:
4.0

*. METALS: August gold futures closed down $27.10 an ounce
at $1,551.30 today. Prices closed nearer the session low
and hit a fresh four-week low today. The key “outside
markets” were bearish for gold today as the U.S. dollar
index was higher and crude oil prices were lower. Gold
market bears have the overall near-term technical advantage
and gained more downside momentum today. Price action today
saw a downside breakout from a minor bearish pennant
pattern on the daily bar chart. The gold bulls’ next upside
price breakout objective is to produce a close above
psychological resistance at $1,600.00. Bears' next near-
term downside price objective is closing prices below solid
technical support at the May low of $1,529.30. First
resistance is seen at $1,558.60 and then at $1,565.00.
First support is seen at today’s low of $1,547.60 and then
at the June low of $1,545.50. Wyckoff’s Market Rating: 3.5

July silver futures closed down $0.747 an ounce at $26.195
today. Prices closed nearer the session low today and hit a
fresh 1.5-year low. The key “outside markets” were bearish
for silver today as the U.S. dollar index was higher and
crude oil prices were lower. Bears have the solid overall
near-term technical advantage and gained still more power
today. Bulls’ next upside price breakout objective is
closing prices above solid technical resistance at $28.00
an ounce. The next downside price breakout objective for
the bears is closing prices below major psychological
support at $25.00. First resistance is seen at $26.51 and
then at $27.00. Next support is seen at today’s low of
$26.07 and then at $25.75. Wyckoff's Market Rating: 2.5.

July N.Y. copper closed down 260 points 332.35 cents today.
Prices closed nearer the session low today. The key
“outside markets” were bearish for copper today as the U.S.
dollar index was higher and crude oil prices were lower.
Copper bears have the solid overall near-term technical
advantage. Copper bulls' next upside breakout objective is
pushing and closing prices above solid technical resistance
at last week’s high of 347.75 cents. The next downside
price breakout objective for the bears is closing prices
below solid technical support at the June low of 323.80
cents. First resistance is seen at 335.00 cents and then at
today’s high of 336.10 cents. First support is seen at
today’s low of 331.20 cents and then at 330.00 cents.
Wyckoff's Market Rating: 3.0.

*. ENERGIES: August crude oil closed down $2.17 a barrel at
$78.05 today. Prices closed nearer the session low today
and hit another fresh eight-month low. The crude market was
pressured by the stronger U.S. dollar today. The crude
bears have the solid overall near-term technical advantage.
The next near-term upside price breakout objective for the
crude oil bulls is producing a close above solid technical
resistance at $84.00 a barrel. The next near-term downside
price breakout objective for the crude oil bears is to
produce a close below solid technical support at $75.00.
First resistance is seen at $79.00 and then at $80.00.
First support is seen at today’s low of $77.28 and then at
$77.00. Wyckoff's Market Rating: 1.0

August heating oil closed down 358 points at $2.5541 today.
Prices closed nearer the session low today. Bears have the
solid overall near-term technical advantage as prices are
in a 3.5-month-old downtrend on the daily bar chart. The
bulls' next upside price breakout objective is closing
prices above solid technical resistance at $2.7000. Bears'
next downside price breakout objective is producing a close
below solid technical support at $2.5000. First resistance
lies at this week’s high of $2.6072 and then at $2.6250.
First support is seen at today’s low of $2.5333 and then at
this week’s low of $2.5084. Wyckoff's Market Rating: 1.0.

August (RBOB) unleaded gasoline closed down 243 points at
$2.4746 today. Prices closed near mid-range today. Bears
have the solid near-term technical advantage. A three-
month-old downtrend is in place on the daily bar chart. The
next upside price breakout objective for the bulls is
closing prices above solid technical resistance at $2.6000.
Bears' next downside price breakout objective is closing
prices below solid support at $2.4000. First resistance is
seen at today’s high of $2.5085 and then at this week’s
high of $2.5303. First support is seen at today’s low of
$2.4572 and then at the June low of $2.4408. Wyckoff's
Market Rating: 1.5.

August natural gas closed down 6.2 cents at $2.736 today.
Prices closed near mid-range today and saw some more profit
taking. Bulls may be exhausted. Still, bulls have the
slight near-term technical advantage. The next upside price
breakout objective for the bulls is closing prices above
solid technical resistance at this week’s high of $2.975.
The next downside price breakout objective for the bears is
closing prices below solid technical support at $2.50.
First resistance is seen at $2.80 and then at today’s high
of $2.846. First support is seen at today’s low of $2.659
and then at $2.60. Wyckoff's Market Rating: 5.5.

*.STOCKS, FINANCIALS, CURRENCIES: The September Euro
currency closed down 32 points at 1.2436 today. Prices
closed nearer the session low today and hit a fresh three-
week low. Today’s price action also scored a bearish
“outside day” down on the daily bar chart. The Euro bears
have the overall near-term technical advantage. Euro bulls'
next upside price breakout objective is pushing and closing
prices above solid technical resistance at the June high of
1.2759. The next downside price breakout objective for the
bears is closing prices below solid chart support at the
June low of 1.2298. First resistance for the Euro lies at
1.2500 and then at this week’s high of 1.2569. Next support
is seen at today’s low of 1.2417 and then at 1.2350.
Wyckoff's Market Rating: 3.0

The September Japanese yen closed up 52 points at 1.2606
today. Prices closed near mid-range today. Bulls are on a
level near-term technical playing field with the bears.
Bulls' next upside price breakout objective is closing
prices above solid resistance at 1.2737. Bears' next
downside breakout objective is closing prices below solid
technical support at 1.2300. First resistance is seen at
today’s high of 1.2637 and then at 1.2675. First support is
seen at 1.2535 and then at 1.2500. Wyckoff's Market Rating:
5.0.

The September Swiss franc closed down 23 points at 1.0371
today. Prices closed nearer the session low today and hit a
fresh four-week low. Prices scored a bearish outside day
down on the daily bar chart today. The bears have the
overall near-term technical advantage in the Swissy. The
next upside price breakout objective for the bulls is
closing prices above solid resistance at 1.0684. The next
downside price breakout objective for the bears is closing
prices below solid technical support at the June low of
1.0280. First resistance is seen at 1.0400 and then at
today’s high of 1.0447. First support is seen at today’s
low of 1.0350 and then at 1.0300. Wyckoff's Market Rating:
2.5.

The September Australian dollar closed down 51 points at
.9947 today. Prices closed nearer the session low today and
scored a bearish outside day down on the daily bar chart.
Bulls and bears are on a level near-term technical playing
field. Bulls' next upside price breakout objective is
closing prices above solid chart resistance at the June
high of 1.0142. The next downside breakout objective for
the bears is to produce a close below solid technical
support at .9750. First resistance is seen at 1.0000 and
then at today’s high of 1.0054. Next support is seen at
today’s low of .9924 and then at this week’s low of .9894.
Wyckoff's Market Rating: 5.0

The September Canadian dollar closed down 81 points at
.9649 today. Prices closed nearer the session low today,
hit a fresh three-week low and scored a bearish “outside
day” down on the daily bar chart. Bears have the overall
near-term technical advantage and gained fresh downside
momentum today. Bulls' next upside price breakout objective
is producing a close above chart resistance at the June
high of .9824. The next downside price breakout objective
for the bears is closing prices below solid technical
support at the June low of .9554. First resistance is seen
at .9700 and then at today’s high of .9756. First support
is seen at today’s low of .9632 and then at .9600.
Wyckoff's Market Rating: 3.0.

The September British pound closed down 61 points at 1.5493
today. Prices closed nearer the session low again today and
hit a fresh two-week low. Bulls are fading. Bears have
regained the near-term technical advantage. The next upside
price breakout objective for the bulls is closing prices
above solid technical resistance at the June high of
1.5773. Bears' next downside technical breakout objective
is closing prices below solid support at 1.5400. First
resistance is seen at 1.5550 and then at 1.5600. First
support is seen at today’s low of 1.5481 and then at
1.5400. Wyckoff's Market Rating: 4.0.

The September U.S. dollar index closed up 18 points at
82.99 today. Prices closed nearer the session high today
and poked to another fresh two-week high. Prices also
scored a bullish “outside day” up on the daily bar chart.
Bulls have the overall near-term technical advantage.
Bulls' next upside price breakout objective is to close
prices above solid technical resistance at the June high of
84.00. The next downside price breakout objective for the
bears is to produce a close below solid technical support
at the June low of 81.39. Next resistance lies at today’s
high of 83.07 and then at 83.50. First support is seen at
82.75 and then at 82.50. Wyckoff's Market Rating: 7.0.

September U.S. T-Bonds closed up 24/32 at 149 26/32 today.
Safe-haven buying was featured again today. Prices closed
nearer the session high. Bulls have the solid overall near-
term technical advantage. Prices are in a 3.5-month-old
uptrend on the daily bar chart. The next downside price
breakout objective for the T-Bond bears is closing prices
below solid technical support at 146 even. The next upside
technical objective for the bulls is to produce a close
above solid technical resistance at the contract high of
152 19/32. First resistance is seen at today’s high of 150
even and then at 150 10/32. First support is seen at 149
even and then at today’s low of 148 26/32. Wyckoff's Market
Rating: 7.5.

September U.S. T Notes closed up 10.5 (32nds) at 133.28.0
today. Prices closed nearer the session high and hit a
fresh two-week high today. Bulls have the solid overall
near-term technical advantage. Prices are in a 3.5-month-
old uptrend on the daily bar chart. The next upside price
breakout objective for the bulls is closing prices above
solid resistance at the contract high of 134.30.5. The next
downside price breakout objective for the bears is
producing a close below solid technical support at
132.16.0. First resistance is seen at today’s high of
134.01.5 and then at 134.09.0. First support is seen at
133.16.0 and then at 133.06.5. Wyckoff's Market Rating: 7.5

GENERAL STOCK MARKET COMMENT: The U.S. stock indexes closed
weaker today as trading turns choppy. The market place is
focused on the EU summit meeting that began on Thursday and
ends on Friday. The focus of the EU summit is the bloc’s
debt crisis. There were low expectations for concrete
results coming out of this latest gathering of EU
officials. However, there were some notions late Thursday
that Germany may be more open to further bailouts when
German Chanceller Merkel reportedly cancelled a telephone
conference call set for Thursday evening. That led to ideas
some kind of a deal may be in the works. That did also lift
the U.S. stock indexes off their daily lows on Thursday.

The Nasdaq stock futures index closed down 27.00 at
2,530.75. Prices closed near mid-range today. Bulls' next
upside price breakout objective is closing prices above
solid resistance at 2,650.00. The bears' next downside
price breakout objective is closing prices below solid
technical support at the June low of 2,433.75. First
resistance is seen at 2,550.00 and then at this week’s high
of 2,577.25. First support is seen at today’s low of
2,503.50 and then at 2,475.00. Wyckoff's Market Rating: 5.0

The S&P 500 futures index closed down 3.50 at 1,322.00.
Prices closed nearer the session high today. Bulls' next
upside price breakout objective is closing prices above
solid resistance at 1,375.00. The next downside price
breakout objective for the bears is closing prices below
solid support at the June low of 1,262.30. First resistance
is seen at this week’s high of 1,328.20 and then at
1,341.00. First support is seen at today’s low of 1,307.00
and then at this week’s low of 1,302.70 and then at
1,287.40. Wyckoff's Market Rating: 5.0.

The Dow futures closed down 27 points at 12,526 today.
Prices closed near the session high today. The next upside
price objective for the bulls is closing prices above solid
technical resistance at 13,000. The next downside price
objective for the bears is closing prices below solid
technical support at 12,300. First resistance in the Dow
lies at this week’s high of 12,570 and then at 12,600.
First support is seen at 12,488 and then at 12,450 and then
at 12,400. Wyckoff's Market Rating: 5.0.

Click below for my welcome letter to all new customers and
for an explanation of my Market Rating System.

http://www.jimwyckoff.com/newsletter/WelcomeAboard/

IMPORTANT NOTE: I am not a futures broker and do not manage
any trading accounts other than my own personal account. It
is my goal to point out to you potential trading
opportunities. However, it is up to you to: (1) decide when
and if you want to initiate any traders and (2) determine
the size of any trades you may initiate. Any trades I
discuss are hypothetical in nature.

Here is what the Commodity Futures Trading Commission
(CFTC) has said about futures trading (and I agree 100%):
1. Trading commodity futures and options is not for
everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS.
Before you invest any money in futures or options
contracts, you should consider your financial experience,
goals and financial resources, and know how much you can
afford to lose above and beyond your initial payment to a
broker. You should understand commodity futures and options
contracts and your obligations in entering into those
contracts. You should understand your exposure to risk and
other aspects of trading by thoroughly reviewing the risk
disclosure documents your broker is required to give you.

Jim Wyckoff
 

Log In or Sign Up to comment

COMMENTS

No comments have been posted, be the first one to comment.
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions