Oat futures prices at the Chicago Board of Trade have held up relatively well in comparison to the eight- and nine-month decline in the neighbouring corn and wheat markets. Last […] Read more
Drozd: Oat market rally nears historical high
Drozd: April live cattle post new low in Q1 2013
Live cattle prices have been under pressure since peaking in December amid bullish headlines and news that took prices to historic highs. Cattle and calves in the U.S., according to […] Read more
Drozd: Wheat’s short-term trend down, long-term trend up
The wheat market has been under pressure since prices peaked in July 2012. So what has changed since last summer’s high? Wheat futures prices have declined $2.50 per bushel and […] Read more
Drozd: Corn and soybean prices rally to a record high
For the first time in history, corn reached $8 per bushel on the nearby futures chart and soybean prices posted a new historical high of $17.77 3/4 per bushel on […] Read more
Drozd: Canola bounces off support and resumes uptrend
After dropping $90 per tonne from the high of $657.50 in September, at the time of this writing, prices on the March 2013 canola futures contract have rallied $50/tonne since […] Read more
Drozd: Live cattle prices ended 2012 on high note
Live cattle prices on the monthly nearby futures chart last month rallied to within a couple of dollars of the historical high of $131.05, which was established in March 2012. […] Read more
Drozd: Soy prices rebounded after achieving double top objective
The soybean market has been under pressure, since prices peaked at a new historical high of $17.94-3/4 on Sept. 4, 2012. This market has been under the influence of long […] Read more
Drozd: Canadian dollar slips below par
The Canadian dollar has been trending lower, since it penetrated the lower boundary of the uptrending channel. I have found that chart analysis is a valuable resource for determining the […] Read more
Drozd: Classic topping action in soybean meal
Technical analysis is the study of market movement. Its strength and popularity comes from the assumption that future price direction can be predicted by studying a market’s past activity. Technical […] Read more
Drozd: Hog market slaughtered, as prices fall to 20-month low
Last month I talked about the record-high price of corn and soybeans. As much as this is exciting news to grain producers, especially those fortunate to have a crop, this […] Read more
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