Date of this Version
This is the second of nine NebGuides discussing basics of technical market analysis and benefits of following market trends to aid decision-making.
Most livestock and crop producers are not "day traders" -- participants in the market on a daily basis -- nor should they be. A typical producer may enter the market only a few times in a marketing year, or only once, as when selling the crop at harvest.
Because producers are not day traders, market trends are one of the most valuable tools, or indicators, that can be obtained from correctly executed charts.