AUDIO COMMENTARY

Wheat gets weather rally
Russia & US getting brutually cold
(US weather map below)*
Tariffs pushed back until April 2nd
Corn posts a new high just under $5.00
Think upside is open if corn clears this level
Bulls need to hold $4.72 (chart below)*
Global fundamentals for corn super friendly
Demand remains amazing for corn so far
2nd best exports of the decade
Beans bounced right where they needed
Beans trapped between 100 & 200-day MA
Wheat closes at $6.00, still personally waiting for sales but getting close
Getting close to first KC wheat target
Still plenty of friendly wheat factors
All chart breakdowns below*

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CHARTS

March Corn 🌽

Chart still looks friendly.

After we get a close above these recent highs, next resistance is $5.08

After that the upside becomes wide open

The big level you have to watch to the downside is $4.72

If we were to ever close below that, that would be a big warning.

Weekly Corn 🌽

I have talked about how significant of level this is for weeks.

If we can break above, the chart opens wide up.

Getting real close..

Still eyeing $5.37 area right now.

Dec Corn 🌽

Very solid uptrend in place.

Next resistance is that blue downward trendline from 2023.

Next current target is $4.84 but is subject to change.

March Beans 🌱

Here is the 100 & 200-day MAs.

Bulls bounced right where they needed to.

It was resistance a few times, now turning into support. Need to continue to hold that. If we break below, not a good look.

If we break above the 200-day then it might suggest higher prices as we have not done so in over a year.

Nov Beans 🌱

Still have $10.82 as my next target.

BIG picture target is still $11.50 range but is subject to change.

March Wheat 🌾

Very very clean breakout to the upside.

Next target is $6.20

Will likely alert a sell signal if it hits.

Sitting right at the 200-day MA, so could be resistance. A close above would look phenomenal however.

KC Wheat 🌾

Arguably looks the best of them all.

Approaching that first target of $6.30

Got a solid close above the 200-day.

MPLS Wheat 🌾

The worst looking wheat chart, as it has not taken out the recent highs.

Next target for now is still $6.62 but could change based on how Chicago & KC perform.

WEATHER COLD SNAP

Here is the next 5 days.

Very cold in the plains with temps nearly -40 degrees colder than normal.

Generic Cash Sales Tracker

Due to requests here is our generic cash sales trackers.

This does not include any hedge recommendations etc. Simply cash.

This is futures prices.

For old crop there is no percentages as we only recently started tracking our generic sell signals. Future new crop sales will have percentages as we continue to make sales.

This will be included at the bottom of every update.

*NEW SALE:

5% NEW CROP CORN AT $4.72

Past Sell or Protection Signals

We recently incorporated these. Here are our past signals.

Jan 23rd: 🌽 🌱

Corn & beans old crop sell signal.

CLICK HERE TO VIEW

Jan 15th: 🌽 🌱

Corn & beans hedge alert/sell signal.

CLICK HERE TO VIEW

Jan 2nd: 🐮

Cattle hedge alert at new all-time highs & target.

CLICK HERE TO VIEW

Dec 11th: 🌽

Corn sell signal at $4.51 200-day MA

CLICK HERE TO VIEW

Oct 2nd: 🌾

Wheat sell signal at $6.12 target

CLICK HERE TO VIEW

Sep 30th: 🌽

Corn protection signal at $4.23-26

CLICK HERE TO VIEW

Sep 27th: 🌱

Soybean sell & protection signal at $10.65

CLICK HERE TO VIEW

Sep 13th: 🌾

Wheat sell signal at $5.98

CLICK HERE TO VIEW

May 22nd: 🌾

Wheat sell signal when wheat traded +$7.00

CLICK HERE TO VIEW

Want to Talk?

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(605) 295-3100

sfrost@dailymarketminute.com

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Check Out Past Updates

2/12/25

WHEAT BREAKING OUT ON WEATHER RISK. TECHNICALS & FUNDAMENTALS

AUDIO COMMENTARY

CHARTS

WEATHER COLD SNAP

Past Sell or Protection Signals

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Hedge Account

Check Out Past Updates

OLD CROP KC WHEAT & CORN SELL SIGNAL

GLOBAL GRAIN SITUATION, ACRE TALK, CHARTS & MORE