FARM BUSINESS NEWS
Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Sat Nov 2, 2013 06:43 AM CDT

Corn: The December contract closed 12.25cts lower. The secondary (intermediate-term) trend has turned down. Weekly stochastics remain well below the oversold level of 20% indicating the next move should be to an uptrend. The major (long-term) trend on the monthly chart is also down.

Soybeans: The January contract closed 42.00cts lower. The secondary (intermediate-term) trend on the weekly chart turned down. The January contract is testing key support near $12.48, the 67% retracement level of the previous uptrend from $11.69 to $14.06. Weekly stochastics are neutral. The major (long-term) trend on the monthly chart remains up.

Wheat: The Chicago December ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, a community of Arkansas farmers have successfully banded togethe...
  • Market News AgriClear is not an auction, but an online digital sales floor where buyers and sellers negotiate...
  • UAS Research Takes Off Key members of the House and Senate last week praised the Federal Aviation Administration for sel...
  • "Total Market Isn't Dead" Used equipment inventories are escalating.
  • Rain, Rain, Go Away Waterlogged and flooded fields in much of the Midwest are putting corn and soybean fields at risk...
  • Feds to Examine Biotech Rules In a memo to USDA, FDA and EPA, the White House stated that a review of biotech regulations was n...
  • Evolution of Farm Kid Jobs DTN Staff Reporter Russ Quinn reflects on the farm activities of his youth that his children will...
  • IARC: Possible 2,4-D Cancer Link The International Agency for Research on Cancer has classified the herbicide 2,4-D as possibly ca...
  • Ask the Vet How do I know what minerals my cows need and how much?
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Grain Comments
DTN Midday Livestock Comments
DTN Technically Speaking Blog
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Livestock Comments