Reading Time: 3 minutes There is a seasonal tendency for grain prices to come under pressure during harvest, as increased deliveries weigh on futures prices and basis levels deteriorate as merchants are offered more grain for sale than they require at that time. Although delayed, the advancing U.S. soybean harvest is expected to weigh on prices. TWO-WEEK REVERSAL The […] Read more
Soybean Prices Will Be Pressured
Drozd: Two-week reversal indicates soybean prices will be pressured
There is a seasonal tendency for grain prices to come under pressure during harvest, as increased deliveries weigh on futures prices and basis levels deteriorate as merchants are offered more grain for sale than they require at that time. Although delayed, the advancing U.S. soybean harvest is expected to weigh on prices. Two-week reversal The […] Read more
Oat Prices Turning Up, Now That Harvest Lows Are In Place
Reading Time: 3 minutes There is a seasonal tendency for grain prices to come under pressure during harvest, as increased deliveries weigh on futures prices and basis levels deteriorate as merchants are offered more grain for sale than they require at that time. Stored grain is generally in tighter hands once harvest winds down and often requires an incentive […] Read more
Drozd: Oat prices turning up, now that harvest lows are in place
There is a seasonal tendency for grain prices to come under pressure during harvest, as increased deliveries weigh on futures prices and basis levels deteriorate as merchants are offered more grain for sale than they require at that time. Stored grain is generally in tighter hands once harvest winds down and often requires an incentive […] Read more
Livestock Producers Will Soon Benefit From Lower Feed Costs
Reading Time: 3 minutes Prices over a period of time are typically confined to a trading range. Prices are content to move up and down within this range until there is a shift in equilibrium, at which time the trend will turn decisively in the direction of the breakout from the range. TRENDLINES During the course of a trend […] Read more
Drozd: Livestock producers will soon benefit from lower feed costs
Prices over a period of time are typically confined to a trading range. Prices are content to move up and down within this range until there is a shift in equilibrium, at which time the trend will turn decisively in the direction of the breakout from the range. Trendlines During the course of a trend […] Read more
Drozd: Bearish USDA corn report coincides with bearish chart pattern
Although technical analysts, such as myself, rely primarily on our analysis of the charts for determining price reversals and in forecasting price direction, we do keep one eye open to the fundamental information as well. I’ll have to admit, though, that whenever technical and fundamental analysis are at odds, and they are more times than […] Read more
Soybean Acreage Weighs On Meal Prices
Reading Time: 3 minutes When one studies many weekly bar charts, it becomes evident that prices over a period of several months are typically moving up or down. This direction is the long-term or major trend of the market. Within the major trend there are a series of fluctuating price movements that can be of several weeks’ duration. The […] Read more
Drozd: Record soy acres weigh on meal prices
When one studies many weekly bar charts, it becomes evident that prices over a period of several months are typically moving up or down. This direction is the long term or major trend of the market. Within the major trend are a series of fluctuating price movements that can be of several weeks’ duration. The […] Read more
Harami Warns Farmers Of Impending Drop In Wheat Prices
Reading Time: 3 minutes As I have mentioned before in this column, the Japanese are true pioneers of technical analysis of the markets. Their techniques have evolved from fairly simple beginnings, trading forward rice contracts (futures) in the 17th century, to now include many sophisticated ways to analyze the markets, including the amazingly powerful modern-day charting method called the […] Read more
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