Wheat: Overnight trade was working on a positive reversal that likely relates to a Level 4 intra-week cycle trend and not the more important Level 3 intra-month trend that is due to bottom next week alongside an intermed
The National Oceanic and Atmospheric Administration (NOAA) says the strong El Niño event lingers, with well-above-average sea surface temperatures recorded across the central and eastern equatorial Pacific Ocean.
South American Crop Consultant Dr. Michael Cordonnier has raised his Argentine soybean and corn estimates by 1 MMT and 2 MMT, respectively, from last week. He has had a neutral to higher bias toward both crops for severa
Wheat: Argentina futures turned up the past two weeks as the five-week stochastic turned long suggesting a seven-week correction exhausted. Australian futures turned higher the past two weeks signaling an end to a length
Hello Pro Farmer Members! Macroeconomic concerns are building. A continued sharp plunge in the Chinese stock market and crude oil's fall to 12-year lows are fueling those concerns, which are spilling int
"Black Friday" in financial markets saw global equities plunge with follow through in U.S. equities. Increasingly, we are seeing negative news in the agribusiness and ag market sectors, including continued low
USDA's Joint Ag Weather Facility says in the Corn Belt, snow disruptive to travel but beneficial for winter wheat is primarily confined to the Ohio Valley, although a few snow showers and flurries are occurring in th
Wheat: July SRW futures are due for a Level 4 intra-week cycle low today or tomorrow. This would also be the first opportunity for a Level 3 intra-month cycle low that last bottomed during the first week of this month. A