Corn and soybean farmers may find recent price action to be relatively choppy but that’s not the case over in the energy sector. As a key outside market, it is important for us all to keep aware of what is going on there and how it relates to ag prices.
- Largest ever Crude Oil price collapse, is a bottom in sight?
- Natural Gas rips higher, extreme overbought?
- Corn closes on low from WASDE Report day, 50 day moving average.
- Soybeans maintain support on the 100 day moving average, soymeal again testing long term lows.
- Chicago Wheat gain on Kansas City overdone?
- 5 technically supportive notes on Live Cattle.
View the Chart Analysis for Energy, Grain, and Livestock Futures
This article originally appeared in the Technical Ag Knowledge Newsletter “Energy Markets Explode! *VIDEO*” at 11/13/18 02:47:13 PM CT.
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