FARM BUSINESS NEWS
Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Sat May 3, 2014 09:02 AM CDT

A quick look at the weekly chart for July corn and nothing glaring seems to have changed. However, upon closer study the contract may not be indicating that its secondary (intermediate-term) trend has turned from sideways to down. Activity early this next week could tell the tale.

First and foremost, let's go into what the contract did not do: July corn did not establish a bearish reversal on its weekly chart like the July soybean contract did. After trading above the previous week's high of $5.16 3/4, it did not fall below the low of $4.90 3/4 before closing lower. ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
DTN's Quick Takes
CME Plans Hog Futures Changes
DTN Before The Bell Grain Comments
DTN Technically Speaking Blog
Gulke: Seasonal Lows
DTN Early Word Opening Livestock
DTN Early Word Grains
Dread Grows as Harvest Nears
DTN Closing Grain Comments
DTN Midday Livestock Comments