LIVESTOCK NEWS
Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Fri Jul 18, 2014 03:40 PM CDT

As hard as it is to believe, at different times this past week it seemed like the September Chicago wheat contract wanted to establish an uptrend. I know, in my latest On the Market column I dismissed wheat's chances of turn bullish rather easily, with the lone bullish factor in the market's bearish haystack being the fact it is technically oversold. But perhaps in its weakness lies its inherent strength.

Or something like that. It is far too late on a Friday afternoon to be philosophical.

It doesn't take much to see that September Chicago's weekly stochastics (second chart) are ...

Quick View
  • Dodge Down Corn Conditions have been right for stalk rot and ear molds in corn in many parts of the Midwest this ...
  • Rethink Grazing If you see a group of steers in a field of green corn, you can generally bet it is either an acci...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • DTN Retail Fertilizer Trends Co-op giant commits to N plant close to cheap gas and customer base.
  • Rents Resist Price Relief Growers in bellwether corn states expect to make money on bushels -- not price -- in 2014, farm m...
  • Beef Checkoff Questioned Agriculture Secretary Tom Vilsack said Monday he might take action to offer his own changes to th...
  • Farm Family Business Crafting a vision for the future, projecting financials, managing employees, acting with humility...
  • Farming on the Mother Road - 6 Chris Clayton continues looking at the state of agriculture along historic Route 66, dubbed "The ...
  • Ask the Vet What can I do to prevent the spread of facial warts in my herd?
Related News Stories
DTN's Quick Takes
DTN Technically Speaking Blog
DTN Closing Grain Comments
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
DTN Closing Grain Comments