| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 189.75 +7.51% on 04/09/24 | | 215.00 -5.12% on 04/24/24 | +12.25 (+6.39%) since 04/08/24 |
| 3-Month | 168.75 +20.89% on 02/19/24 | | 215.00 -5.12% on 04/24/24 | +24.50 (+13.65%) since 02/08/24 |
| 52-Week | 168.75 +20.89% on 02/19/24 | | 256.00 -20.31% on 07/24/23 | -32.75 (-13.83%) since 05/08/23 |
We summarize some noteworthy trade setups for the grains sector
Soybean bulls took a breath on Wednesday, as contracts were down 9 ¼ to 19 ½ cents across the board at the close. Soymeal also pulled back with contracts down $1.80 to $5.50/ton on the day. Soy Oil posted...
Futures are pulled back on Wednesday after a couple weeks of rallying and a USDA report on the horizon. Corn prices ended the midweek session with losses of 3 ½ to 8 ½ cents across most months. Weekly...
The wheat complex closed the midweek session with weakness across all three exchanges. Chicago wheat contracts were own 8 ¼ to 9 ½ cents on the day. Kansas City futures were down 11 to 15 ½ cents at...
Nearly half the year is over with and the triangulation of prices continues. This is expected to continue as packers appear reluctant to increase slaughter that would reduce their margins. More companies...
Grain futures had an impressive start to the week but that momentum fizzled yesterday afternoon and into today’s trade. Will technical support be defended?
The Grains and Cattle Lower Today. What Will Friday Bring?
Wheat are trading lower across all three exchanges on Wednesday. Chicago contracts are down a 9 to 11 cents at midday. Kansas City futures are 9 to 14 cents lower on the day. MPLS spring wheat is 9 to...
Soybeans are taking a breather on Wednesday, showing midday losses of 10 to 13 cents across most contracts. Soymeal is trading $3.70/ton lower in the July contract. Soy Oil is following along, with contracts...
Futures are pulling back after a couple weeks of rallying and a USDA report on the horizon. Contracts are down anywhere from 6 to 8 cents across most front months on the midweek session. Weekly EIA data...
The Barchart Trading Guide is a Buy Signal with a Soft Signal Strength.
| Symbol | Last | Change |
|---|---|---|
| XBM24 | 204.00s | -5.25 |
| Corn | ||
| ZCN24 | 458-4 | unch |
| Corn | ||
| ZSN24 | 1231-4 | +3-6 |
| Soybean | ||
| ZMN24 | 380.0 | +1.5 |
| Soybean Meal | ||
| ZLN24 | 43.79 | unch |
| Soybean Oil | ||
| ZWN24 | 634-2 | +0-2 |
| Wheat | ||
| KEN24 | 649-6 | +1-2 |
| Hard Red Wheat | ||
| MWN24 | 701-6 | -1-0 |
| Spring Wheat | ||
| ZON24 | 390-0 | -7-4 |
| Oats | ||
| ZRN24 | 18.440s | +0.050 |
| Rough Rice | ||
| RSN24 | 655.30 | -1.40 |
| Canola | ||
| 3rd Resistance Point | 212.50 |
| 2nd Resistance Point | 210.50 |
| 1st Resistance Point | 207.25 |
| Last Price | 204.00s |
| 1st Support Level | 202.00 |
| 2nd Support Level | 200.00 |
| 3rd Support Level | 196.75 |
| 52-Week High | 256.00 |
| Fibonacci 61.8% | 222.67 |
| Fibonacci 50% | 212.38 |
| Last Price | 204.00s |
| Fibonacci 38.2% | 202.08 |
| 52-Week Low | 168.75 |
