The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, January 9, 2025 March Soybeans March Soybeans closed up 4 ½ cent today, settling at 9.99. Tomorrow at 11 AM will be the January WASDE release. Typically, this report adds volatility to the market and is one that is widely watched and …
Chart of the Day – March Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity March Soybeans March Soybeans closed down ½ cent today, settling at 997 1/4. Trade did dip below the 10-day moving average during the overnight trade (994 ½) but buyers resurfaced after the day session opened and the market worked up off the low …
Chart of the Day – March Corn
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, January 6, 2025 March Corn March Corn started this week gaining 7 cents to close at 4.57 ¾. This will be (almost) the first full week of trading since the week before Christmas. I say “almost” because we’ll lose a little over …