Chart of the Day – March Soybeans

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, January 21, 2025 March Soybeans March Beans started the 1st session of a new presidency by rallying some 33 ¼ cents to close at 10.67 ¼.  From what I’ve been able to glean from the news articles coming across my screens today, …

Chart of the Day – March Corn

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, January 14, 2025 March Corn March Corn futures closed at 4.74 ½ today, down 2 cents.  Last Friday, just 2 trading days ago, the USDA “finalized” the current crop, with the release of the January WASDE.  In that report, fuel was given …

Chart of the Day – March Soybeans

Jeff FosseGeneral Commentary

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 Corn

Jeff FosseGeneral Commentary

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 …