In Jim's video, the focus is not only on cotton and the grains but also connects more of the El Niño dots
The USDA’s monthly World Agricultural Supply and Demand Estimates report is the gold standard for fundamental data on the commodities that feed and increasingly fuel the world. The May WASDE report comes...
Educational and Actionable Information using Fibonacci and W.D. Gann Analysis
Educational and Actionable Information using Fibonacci and W.D. Gann Analysis
Jim’s video covers: a) Midwest drought easing with a vengeance; b) sugar making multi-year highs on global crop issues, tight supplies; c) coffee roaring back into high volatility zone; d) unraveling...
Corn (ZC) appears vulnerable to more healthy profit taking to start the week after failing last week to close above symmetrical triangle resistance (on the weekly chart) following Tuesday’s surge above...
Jim Roemer is interviewed by Paul Yeager, host of "Market to Market" about El Niño
Corn prices have put in a base and are trending higher. Grain elevators have struggled to meet demand as old crop supplies have dwindled in their bins due to the inverted market structure (backwardation)....
For readers who missed our weekend posting and video, we are re-running it this evening.
Corn (ZCK23) is testing symmetrical triangle resistance (on the weekly chart), with decent odds for reclaiming the 2023 high in April. Any break above ascending triangle resistance (on the 4hr chart)...