| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 4,581 +1.75% on 05/13/24 | | 4,735 -1.56% on 05/08/24 | +33 (+0.71%) since 04/19/24 |
| 3-Month | 4,440 +4.98% on 03/01/24 | | 4,834 -3.58% on 04/09/24 | +44 (+0.95%) since 02/20/24 |
You only have to look at the chart below to see how well the market adheres to the Fibonacci retracements.
Corn futures were rallying out of the 8:30 am CDT gates this morning, with strength across the wheat helping out. Contracts closed with gains of 2 to 8 ½ cents across the board. The Monday afternoon...
Soybeans ended the Monday session with gains of 6 ½ to 20 cents across the board, led by the front months. Soymeal futures saw $1.30 to $5.30/ton gains across most contracts. Soy Oil helped the product...
The wheat complex started off the week with a rally. Chicago contracts closed the Monday session with 16 ½ to 37 ½ cent gains. Kansas City futures were in rally mode, as gains of 18 ¾ to 35 ¼ cents...
Rationing was stepped up last week as packers cut the slaughter pace again, sending boxes to over $314.00 as of mid-day today. Rationing will continue until more cattle are made available to produce...
Taking a look at why speaking in definitive terms about what the market will do in May can prove costly...
Soybeans are starting off the week with some strength, as contracts are up anywhere from 15 to 20 cents across the front months. Soymeal futures are up $4.40. Soy Oil is posting triple digit gains, with...
Corn futures are heading higher to start the new week, with contracts rallying 8 to 8 ½ cents across the front months at midday. USDA’s Export Inspections report pegged 1.21 MMT of corn shipped during...
The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| XTN24 | 4,661s | +16 |
| DCE No.1 Soybean | ||
| ZCN24 | 456-4 | -4-0 |
| Corn | ||
| ZSN24 | 1243-0 | -5-0 |
| Soybean | ||
| ZMN24 | 374.1 | unch |
| Soybean Meal | ||
| ZLN24 | 46.03 | -0.29 |
| Soybean Oil | ||
| ZWN24 | 686-2 | -2-4 |
| Wheat | ||
| KEN24 | 694-6 | -2-0 |
| Hard Red Wheat | ||
| MWN24 | 733-6 | -5-4 |
| Spring Wheat | ||
| ZON24 | 366-2 | +0-4 |
| Oats | ||
| ZRN24 | 18.830 | -0.020 |
| Rough Rice | ||
| RSN24 | 666.40 | +5.30 |
| Canola | ||
| 3rd Resistance Point | 4,698 |
| 2nd Resistance Point | 4,686 |
| 1st Resistance Point | 4,674 |
| Last Price | 4,661s |
| 1st Support Level | 4,650 |
| 2nd Support Level | 4,638 |
| 3rd Support Level | 4,626 |
| 52-Week High | 5,164 |
| Fibonacci 61.8% | 4,887 |
| Fibonacci 50% | 4,802 |
| Fibonacci 38.2% | 4,717 |
| Last Price | 4,661s |
| 52-Week Low | 4,440 |
