Blog Archives

Corn … Approaching Major Support

Corn futures (symbol: C) continue trading aggressively lower after breaking the long-running uptrend line dating back to Dec05, which originates at the $1.8575/bushel level. Quoting from our 01Jul14 post, “A potentially huge buying opportunity is on the horizon for corn, however,

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Children of the Corn

Source: TopMastersinHealthcare.com/

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Soybeans … At Critical Long Term Support

Soybean futures (symbol: S) are testing critical long-term support at the $13.60/bushel level (Jul14 contract).  This support line has its origin back in Sep06 at the $5.4250/bushel level. Soybeans are experiencing selling pressure related to higher inventory levels and the Acreage

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