CommodityTrends

Meat Market Check-In: Live Cattle, Feeder Cattle & Lean Hogs

I took a fresh look at the daily charts for the major meat markets and highlighted the areas I’m watching right now.
https://www.commoditytrends.com/blogs/meats-market-check-in-september-10-2026

Nov Rough Rice broke out of its triangle in strong fashion on August 21, creating a potential long setup—especially following the retest of the triangle on August 25. Since then, price has rallied nicely and recently pushed to a new high just below weekly chart resistance near 16.05.

Coffee, cocoa, sugar and cotton have all made some interesting moves this summer — and several of these charts look quite different than they did just a couple of months ago.

In my latest blog post, I take a look at where each market stands now, the support and resistance levels I’m watching, and why I’m more interested in waiting for the next setup than chasing a move that has already happened.

Take a look:

CommodityTrends.com Back in June, several of these markets looked considerably different than they do today. Coffee was moving lower, cocoa had fallen sharply, sugar was trading quietly near its lows, and cotton had yet to show much sustained strength.

When gold, silver, copper AND platinum are all moving together, it may be telling us something bigger than the story of any one metal.

I took a fresh look at all four charts and the key levels I’m watching now:

https://www.commoditytrends.com/blogs/metals-market-check-in-august-19-2026

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New on Jim’s Blog!

Jim just posted a new article: “Why Trading Is Such a Great Business: More Than Just Making Money.”

Trading is about more than profits and losses. In this post, Jim shares some of the other reasons trading can be such a rewarding business.

If you trade the futures markets, take a few minutes to give it a read.

Read it here: https://www.commoditytrends.com/blogs/why-trading-is-a-great-business

What do you enjoy most about trading?

I’ll be keeping a close eye on July Coffee next week. The market is sitting right on the edge of a possible MET entry to the downside.

If you’re not currently a CommodityTrends member, now is a great time to consider joining. You can follow markets like July Coffee right along with me on the Daily Video as we walk through the charts, setups, and key levels together.

Subscribe today and start watching the markets with me!

Jul Soybean Oil has a #1 top point at 76.99 (the high on May 05). The #2 point is 72.95 (the low on May 14). The #3 point is 76.32 (the high on May 20). A break below the #2 point will trigger an entry to the downside. The initial stop loss can be placed just above the #3 point. The initial target is the daily chart support level at 69.64 (the blue horizontal line).
If you are a subscriber, continue watching this with me as part of the newly launched CTTP 3.0 program! If you are interested in subscribing, or for more details, please contact my office at 541-955-2885.

Jul Soybean Oil has a #1 top point at 76.99 (the high on May 05). The #2 point is 72.95 (the low on May 14). Keep watching to see if all of the 1-2-3 strategy criteria are met.

Jun Natural Gas may be working on a new possible #1 bottom point at 2.658, which is today’s low.

However, we still need confirmation. To confirm this as the new #1 bottom point, price needs to form a higher low to the right of that low. Until that happens, the pattern is not confirmed.

In the meantime, it is important to note that price is trading inside a purple monthly chart support zone. This area is also just above an overlapping weekly chart support zone, which can create a very strong level of support.

For now, this is a market to keep watching closely.

A quick look at Hard Red Wheat.

Hard Red Wheat Let's take a quick look at Hard Red Wheat over the last few days.