Ag Products Still On Buy, Sell List

Agricultural commodities will be an attractive investment opportunity in 2010 while gold could suffer a correction after rallies to record highs this year, a hedge fund manager at Federated Investors said Nov. 4. “A basket of agricultural commodities would seem sufficiently attractive as a long-term investment,” Steve Lehman, manager of the $1.48-billion Federated Market Opportunity

Bearish USDA Report Coincides With Bearish Chart Pattern

David drozd Although technical analysts, such as myself, rely primarily on analyzing charts for determining price reversals and in forecast ing price direction, we do keep one eye on the fundamental information as well. I’ll have to admit though, that whenever technical and fundamental analysis are at odds, and they are more times than not,


Soybean Acreage Weighs On Meal Prices

Wh e n one studies many weekly bar charts, it becomes evident that prices over a period of several months are typically moving up or down. This direction is the long term or major trend of the market. Within the major trend there are a series of fluctuating price movements that can be of several

Harami Warns Farmers Of Impending Drop In Wheat Prices

David drozd As I have mentioned before in this column, the Japanese are true pioneers of technical analysis of the markets. Their techniques have evolved from fairly simple beginnings, trading forward rice contracts (futures) in the 17th century, to now include many sophisticated ways to analyze the markets, including the amazingly powerful modern-day charting method


ICE Canada To List New Western Barley Futures Contract

ICE Futures Canada has received approval to list a new Western barley futures contract, a notice to market participants from the exchange said. The current Western barley futures contract months from March 2010 onward are to be delisted immediately. July ’09, October ’09, and December ’09 contracts will remain listed, ICE Futures Canada said. The

Australians Unhappy With CBOT, Launch Own Futures

Australia’s stock exchange operator, ASX Ltd., will launch a wheat export futures contract this summer, it said March 13, raising hopes for a new global reference price to complement the dominant U. S. market. ASX said it expected the contract to start trading in May. Australia liberalized overseas wheat sales last year, opening up the


Taxis For Stockbrokers And Lamborghinis For Farmers

An excerpt from a Mar. 9 Business Week interview with Jim Rogers, creator of the Rogers International Commodities Index. Rogers presents a generally gloomy view of the economic outlook, except for commodities. “I really think agriculture is going to be the best place to be. Agriculture’s been a horrible business for 30 years. For decades

T – for Mar. 5, 2009

he Japanese are regarded as the true pioneers of market technical analysis. They began trading forward rice contracts (Futures) in 1654 and over the next three centuries have developed many sophisticated ways to analyze the markets. One Japanese method of charting is called “Candlestick” because the individual lines resemble candles. While candlestick charts use the


David drozd

Resistance is a term used to describe a price level where the selling of futures contracts is expected to halt the current upward move in market price. On the daily charts, these areas will appear as well-defined price ranges within which the market previously traded essentially sideways (A), prior to making a decisive move down.

Canola’s upward advance stalls at resistance

David Drozd Resistance is a term used to describe a price level where the selling of futures contracts is expected to halt the current upward move in market price. On the daily charts, these areas will appear as well-defined price ranges within which the market previously traded essentially sideways (A), prior to making a decisive