NEWS
Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Tue Nov 12, 2013 08:08 AM CST

Anyone who has watched the Chicago wheat market of late knows it has had a devilish time trying to build bullish momentum. As discussed in Tuesday's Early Word Grains on DTN, the market saw a rally from mid-September through mid-October as noncommercial traders moved from a net-short futures position to a net-long futures position. Then, just as quickly, the market fell again as this group reestablished a net-short futures position.

A look at the daily chart for the December Chicago wheat contract shows the struggles the market has faced of late. After posting a high of $7.11 1/4 on October ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
DTN's Quick Takes
DTN Technically Speaking Blog
DTN Closing Grain Comments
DTN Midday Livestock Comments
Shaw: Under the Agridome
DTN Midday Grain Comments
Informa Sees Beans Acres Gaining
DTN Before The Bell Grain Comments
Newsom on the Market
DTN Early Word Opening Livestock