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Food Beverage News and Commentary

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Sun, Dec 22nd, 2024
Corn, 469.00 Target & Why

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZCH25 : 446-2s (+1.25%)
VIX wins pre-holiday trade

Cattle-on-Feed released Friday

Hogs, Cattle and Feeders End Week with Strong Rallies

Hogs and cattle markets bounce back to end week on a positive note

(Download a free past issue of WeatherWealth) - Soaring cocoa prices and the reasons behind the collapse in soybeans and sugar

As the year winds down, Jim points at some of his favorite trending markets on this round.

SOYB : 20.74 (+1.34%)
CCHF25 : 2.2241s (-0.60%)
ZSH25 : 979-2s (+1.32%)
CANE : 11.48 (-0.43%)
SBH25 : 19.51s (+0.57%)
Pure Hedge - Livestock and Grain

Grains Rallied as The Livestock Markets Recoup Some of the Week's Losses

Grain Spreads: Profit Taking Theme

Beans & Meal Surge, Bean Oil Anemic

Sugar Prices Stabilize After Sharp Weekly Loss

March NY world sugar #11 (SBH25 ) Friday closed up +0.11 (+0.57%), and March London ICE white sugar #5 (SWH25 ) closed up +1.29 (+0.24%). Sugar prices Friday rose slightly on some consolidation after this...

SBH25 : 19.51s (+0.57%)
^USDBRL : 6.08650 (-1.09%)
SWH25 : 510.40s (+0.24%)
Cocoa Prices Continue to Retreat on Long Liquidation Pressure

March ICE NY cocoa (CCH25 ) on Friday closed down -153 (-1.26%), and March ICE London cocoa #7 (CAH25 ) closed down -173 (-1.79%). Cocoa prices Friday fell sharply, adding to Thursday's decline, as long...

CCH25 : 11,954s (-1.26%)
CAH25 : 9,492s (-1.79%)
Arabica Coffee Recovers on Weaker Dollar and Smaller Brazilian Crop Estimate

March arabica coffee (KCH25 ) on Friday closed up +1.25 (+0.39%), and January ICE robusta coffee (RMF25 ) closed down -50 (-0.99%). Coffee prices were mixed Friday, with underlying support from a weaker...

RMH25 : 5,002s (-0.87%)
KCH25 : 325.00s (+0.39%)
Shootin' the Bull about lines in the sand

In my opinion, the line in the sand is definitive.  Bulls are more bullish and bears are more bearish.

Tweets @Barchart

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Friday's options expiration was the largest in history, with a total notional expiry value of $6.6 Trillion 🚨 https://t.co/fYv7NO1xqb
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Auto Loan Delinquency Rate hits highest level in 14 years 🚨 https://t.co/8R4cHWYz40
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The S&P 500's historic losing streak is over! $SPX had seen more decliners than advancers for 14 consecutive days through Thursday, the longest such streak in history. But that ended on Friday! Congrats to everyone, we did it 🫡🥳🫂
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Apple does it again, another all-time high 📈 $AAPL is now just $150 Billion away from becoming the first company to ever reach a market cap of $4 Trillion https://t.co/lDknxtLZjv
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Interpol issues Red Notice for $HEX and PulseChain $PLS founder Richard Schueler, more commonly known as Richard Heart, on charges of tax evasion and assault https://t.co/nf2e2Yo7Fw
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Raise your hand if this has happened to you? 🙋‍♂️ https://t.co/4dKlvSUGIm
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Market Breadth fell to its worst level since November 2023 on Thursday, with fewer than 53% of S&P 500 $SPX stocks trading above their 200D moving average https://t.co/PqZuZ0dwAp
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Global Liquidity entering the next bullish phase in a long-term cycle https://t.co/fZeBLsDw7h

Chart of the Day

Cellebrite Di Ltd (CLBT)

Summary Cellebrite DI (CLBT) shows strong technical buy signals, with a 12.61% gain since the Trend Seeker buy signal on 11/20 and a 159.09% gain in the past year. The company specializes in digital forensics solutions for legally sanctioned investigations, serving federal, state, and local agencies globally. Key technical indicators...
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