Market Analysis
Grain markets have flatlined to start the week as the lack of new news has kept buyers and sellers at bay. These are the technicals we are watching that could change that.
Cattle futures were under heavy pressure on Friday, will that spill into early morning weakness or will buyers buy the dip?
Grain markets have traded on both sides of unchanged in the overnight and early morning trade, these are the levels to keep an eye on in today’s trade.
Corn and wheat retreat to start the new month and quarter while soybeans try to gain ground.
Today’s USDA report is often regarded as one of the more meaningful reports of the year which often comes with volatile market reactions. Will we see the same this year?
Jerry Gulke discusses an unusual trend in the markets.
Cattle futures were under pressure on Friday, ahead of the monthly Cattle on Feed report. With a slightly bearish tone, will the selling continue into this week’s trade?
Grain markets are continuing to consolidate as it appears the market is looking for new news to give it it’s next direction.
Jerry Gulke says he’d like to see another higher weekly close next week to help confirm the bottom is in the soybean market as well as a close above $12. A higher monthly close would be even more convincing.
Grains are firm in the early morning trade, knocking on the door of some significant resistance levels.