Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Sat Nov 1, 2014 08:27 AM CDT

Corn (Futures): The December contract closed at $3.76 3/4, 56cts higher for the month. The major (long-term) trend has turned up. October saw the December contract establish a new low of $3.18 1/4 before rallying above the September high of $3.67 1/2, establishing a bullish key reversal on the monthly chart. In conjunction with that, monthly stochastics established a secondary (confirming) bullish crossover below the oversold level of 20% but above the initial crossover from January 2014. With the forward curve in the market indicating bearish fundamentals, the newly established major uptrend could find resistance near $5.21, a price that ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Strong Immunity Wins Two weeks after calving, cows lose body condition. But if she is short on nutrients, too, that dr...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Klinefelter: By the Numbers Farm lenders should halt their petty rivalry and focus on agriculture's best interest: Our nation...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • GOP Picks Conaway as House Ag Chairman The House Republican Steering Committee on Tuesday selected Rep. Michael Conaway, R-Texas, as the...
  • Head Start A Pennsylvania teen has two years of a farm-to-fork business under his belt and is looking to exp...
  • Woodbury: Farm Family Business One of the world's wealthiest families measures success not in dollars but in authenticity.
  • Ask the Vet A warning about bull breeding soundness.
Related News Stories
DTN's Quick Takes
DTN Technically Speaking Blog
Newsom on the Market
Bin Doors Slam Shut on Corn
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains