AG POLICY NEWS
Darin Newsom DTN Senior Analyst
Sun May 11, 2014 08:56 AM CDT

Ag Markets: Weekly Analysis

Corn: The July contract closed 8.00cts higher. The secondary trend is sideways despite weekly stochastics remaining bearish. The latter established a bearish crossover the week of April 6 but has failed to generate increased noncommercial long-liquidation. The July contract is holding near technical price resistance at $5.06 1/2, a price that marks the 33% retracement level of the previous downtrend from $6.76 through the low of $4.21 3/4. As for breaking out of its sideways trend, the range is between the four-week high of $5.24 1/4 and the four-week low of $4.90 3/4.

New-crop Corn: The ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Herd Booster In 1935, in an effort to help ranchers hit hard by the Dust Bowl, the U.S. government bought 547 ...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Taxlink by Andy Biebl What farmers consider a hedge may be speculation in the eyes of IRS -- and that significantly alt...
  • Woodbury: Family Business Matters Consider whether you want your legacy to be measured by the size of your bank account, your inves...
  • Ask the Vet Some tips on fly control.
Related News Stories
Technically Speaking Blog
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
Newsom on the Market
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
Canada Crop Estimates Released