MARKETS NEWS
Darin Newsom DTN Senior Analyst
Sun Dec 29, 2013 10:42 AM CST

Ag Markets: Weekly Analysis

Corn: The March contract closed 5.75cts lower. The secondary (intermediate-term) trend remains sideways. With weekly stochastics now bullish in an oversold situation (below 20%), the nearby March contract continues to hold above support at its recent low of $4.18 1/2 and below resistance at the four-week high of $4.40 3/4. Based on stochastics, the next change in trend should be up with the initial price target near $5.02 1/2.

Soybeans: The more active March contract closed 17.25cts lower. The secondary (intermediate-term) trend is sideways. However, the March contract posted a bearish outside week last week indicating ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
Kub's Den
DTN Early Word Opening Livestock