NEWS
Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Wed Jun 12, 2013 08:09 AM CDT

A look at the daily December corn chart shows a market that is unsure of its future direction. This opens the door for reaction to Wednesday's USDA June Crop Production report to set the trend of the market for the short-term. From a technical analysis point of view, this is a bitter pill to take since its main tenet is that fundamentals are already built into price.

Recall the posts on soybeans from last week. On Monday I discussed signals on the November weekly chart followed by Tuesday's look at the November daily. If you remember, the two charts showed ...

Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
Harvest Revenue Insurance Prices
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
CME Earnings Rise 23%
DTN Before The Bell Grain Comments
USDA: 132,000 MT Soybeans Sold
DTN Early Word Opening Livestock
DTN Early Word Grains