Grain Charts for the Iowa Farmer

Soy: Begin backward, it never had the May sell off that the other grains had and is in a firm uptrend. Some MACD downward divergence is showing up but hasn't hurt price to bad.


Wheat and Corn: Charts look the same. The Dark Blue=20EMA, Yellow=50EMA, Light Blue=100. The 20 EMA has crossed the 50EMA confirming the potential start of and uptrend. As more and more of these EMA cross the more the trend builds and runs from there. Plus there is MACD divergence. Most trend followers are in at this point and it looks as if the trend has some wind at its sails.