Reversal Pattern Alerts Livestock Producers To Cattle Price Downturn

Ca t t l e prices have been sliding lower, since a two-week reversal developed in early April, 2 0 1 1 . T h i s reversal pattern identified a quick halt to the rally after cattle prices climbed to an unprecedented historical high of $122.875. TWO-WEEK REVERSAL This chart formation indicates a change



Bull Market In Corn Resumes After Seasonal Downturn

It appears the seasonal tendency for corn prices to move lower in March may be over, due to the bears being unable to push prices below an important line of support on the December 2011 futures contract. This is also the point at which a reversal pattern called a harami materialized on the candlestick chart.

Investors Still Hungry For Ag Funds

Retail investors have continued to crowd into the broad commodity-fund sector even after prices for corn, wheat and soybeans reached 2-1/2-year highs this year, an analysis of fund flows showed. The growth of “alternative” investments is partly the result of lessons learned after the financial collapse of 2008-09, which includes the importance of diversification as


Soybean Market Turns Down On Long Liquidation

Do w n – ward corrections in a bull market are inevitable and technical analysis is a proven and reliable means of identifying changes in direction. Technical analysis is the study of market movement and its primary focus is on price action. Its strength and popularity comes from the assumption that future price direction can

Soybean Oil Lends Underlying Support To Canola

The oil- seed complex has been well supported by the strong vegetable oil market. This is evidenced by the steep uptrending channel illustrated on the monthly soybean oil chart. This rally began with the development of a “two-month reversal” back in July 2010. This particular “two-month reversal” is seen at the bottom of a downtrend


Goldman Sachs Cuts Commodities Exposure

Goldman Sachs’ commodities trading risk has hit a near-seven-year low, its quarterly results on Jan. 19 showed, suggesting the Wall Street giant had become less aggressive lately in taking advantage of surging oil, metals and grains prices. Goldman’s Value-at-Risk (VaR) for commodities stood at $23 million for the fourth quarter ended Dec. 31. That was

Retirement Needs A Plan For Time As Well As Money

Retirement planning isn’t just about retiring from a career, it’s about retiring to a new phase of living, two consultants who specialize in farm financial planning said last week. What’s key is being clear about what you want and preparing for it, said Ag Days speakers Mark Sloane and Andrew DeRuyck. The two western Manitoba


Funds’ Commodity Holdings Could Hit $500 Billion

Commodity investments could near half a trillion dollars by the end of 2011 as the return of $100 oil and a broad-based rally heighten interest in the asset class to levels not seen since 2008. But the wave of money now hitting commodities is more sophisticated and discerning than its predecessor three years ago. Investors

Feeder Cattle Prices End On A New Historical High

What a differ-e nce a year makes! In December 2009 feeder cattle prices were down challenging an area of support at $90. Prices quickly bounced off the line of support, as illustrated in the accompanying chart, and by the end of December a two-month reversal materialized, which indicated prices were about to turn back up.