[Grains] Corn to 400!, Wheat, Soybean, Coffee, Sugar, Cotton | Yearly, Monthly, Weekly, Daily view - 23 July 2017

in #commodities7 years ago (edited)

Corn might be going upwards to 400.
Wheat can have a chance to rise further, or to stay at current price.
Soybean has to stay above a key level(1000), else it will fall down in price.
Coffee is in a downtrend, though prices have the chance to rise.
Sugar might have the potential to rise this year, though the chance for prices to fall off is still there.
Cotton overall in a downtrend.
Coffee has a higher chance to rise in price, compared to sugar.

(Still in edit)

Corn while it is in a trading range for the past years, it has a chance to enter a phase, where prices of cereals can go up.
While a lot of changes in price will depend on inherent supply and demand, like amount of production and amount of demand for food, and of course the weather which can influence the production in a good or a positive way and thus create a lack of supply to drive prices up or a lot of supply.

A yearly view with a monthly chart in regards to corn:

Weekly chart:


Daily chart:

4h chart:


Wheat(multiple timeframes)


Soybean(multiple timeframes)





Coffee:


Sugar:


Cotton:


Coffee vs Sugar:

Corn vs Wheat:


Corn vs Soybean:


Corn vs Cotton:

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