Matthew Bresnahan
Senior Market Strategist
Matthew Bresnahan
Senior Market StrategistMatthew Bresnahan is a Senior Market Strategist at Blue Line Futures, where he brings a sharp, risk-first lens to the fast-moving world of commodity trading. He launched his career at Trilateral Inc. in 2018, diving into the high-stakes realm of ingredient procurement and commodity price risk management for food manufacturers navigating volatile agricultural, livestock, and softs markets.
Matthewās hands-on experience managing risk for commercial end-users gave him an edge when he joined Blue Line Futures in 2022. There, he blends fundamental insights with technical analysis to identify market risks and opportunities for a diverse range of clients ā from farmers and merchandisers to processors and speculators.
His approach to navigating grain markets earned widespread attention in 2023, when his article āThree Pillars of Grain Tradingā became the most-read feature in Grain Journal. Whether he’s consulting with producers or watching global supply chain shocks unfold in real time, Matthew remains focused on one thing: helping clients make smarter, more strategic decisions in the commodity futures arena.
Feel free to reach out to Matthew with any questions you have for him:
Office: (312) 858-7305
Email: mbresnahan@bluelinefutures.com
Linkedin: linkedin.com/in/matthew-bresnahan/
Twitter: twitter.com/FuturesMatt
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See Matthew’s market content below:
Technical softening in corn, and a rangebound cattle market
Media Technical softening in corn, and a rangebound cattle market Matt Bresnahan senior market strategist discusses the small technical breakdown in the December corn contract and looks at the rangebound trade across the cattle complex. Ā https://youtu.be/wrnebszHVMw Enjoy the benefits of Blue Line Futures Open an account with Blue Line Futures and you will gainā¦
Markets on the Move: Corn breakdown, Crude oil & Silver breakout Ft. Marlin Bohling & Matt Bresnahan
Media Markets on the Move: Corn breakdown, Crude oil & Silver breakout Ft. Marlin Bohling & Matt Bresnahan Marlin Bohling & Matt Bresnahan bring you another episode of Markets on the Move to close out the week. There was a bit of technical damage done to the December corn chart. Meanwhile, geopolitical risk propelled crudeā¦
MOTM: Corn hits resistance & cattle remains rangebound | Ft. Matt Bresnahan & Marlin Bohling Ep. 17
Media MOTM: Corn hits resistance & cattle remains rangebound | Ft. Matt Bresnahan & Marlin Bohling Ep. 17 Matthew Bresnahan and Marlin Bohling bring you a mid-market update: December cornās rally stalled at the early July gap, though the bull structure remains intact. Meanwhile, cattle futures are stuck in a rangebound trade for the firstā¦
September WASDE Preview
Enjoy the benefits of Blue Line Futures Open an account with Blue Line Futures and you will gain access to our daily commodity commentary, free desktop/mobile trading platforms, 24-hour trade desk, and more! Click here September WASDE Preview Last month, the USDA dramatically increased U.S. corn yield and production estimates while curtailing soybean planted area.ā¦
Markets on the Move: Range Trading Corn & a breakdown in cattle | Matt Bresnahan & Marlin Bohling
Media Markets on the Move: Range Trading Corn & a breakdown in cattle | Matt Bresnahan & Marlin Bohling Matt Bresnahan and Marlin Bohling finish out the week and breakdown the technical landscape of the December corn contract after this week’s rangebound trade and takes a look at December Live Cattle after the first lowerā¦
Talkin’ Techincals in Grains
Talkin’ Techincals in Grains Ā The technical landscape for grain markets has shifted materially over the last two weeks. Corn’s defense of a key moving average, and bullish divergence in wheat are setting the landscape for moves similar to what we saw in 2024. Talkinā Technicals There was a material change in the technical landscapeā¦
Crop Progress Report Update 7.28.25
CROP PROGRESS REPORTĀ 7.28.25 Ā Soybean conditions improve more than expected to 5-year best 70% Good-to-Excellent. Corn conditions slide 1% in line with traders’ expectations. Corn Ā Corn conditions were down 1% from last week, in line with average trade estimates, coming in at 73% Good-to-Excellent. This compares to 59% GE for the same week lastā¦
The Weekly Grain Rotation
Media The Weekly Grain Rotation This weekās grain market action was anything but quiet (unlike Acreage & Stocks). From shifting momentum in September corn to capital flow signals flashing across the soy complex, we break down the price structure, trends, and relative strength driving the weekās biggest moves. Using top-down analysis and money flow metrics,ā¦
crop progress report
CROP PROGRESS REPORTĀ 6.23.25 Corn:Ā Corn conditions came in lower than last week and lower than pre-report estimates. Conditions are now nearly identical to those of last year for the same week. The extreme heat across the Western and Central Corn Belt is the likely culprit behind the quality curtailments. Poor-to-Very poor conditionsĀ cropped up for theā¦
Momentum & Money Flow
Media Momentum & Money Flow Introducing the Momentum & Money Flow – a series taking a top-down approach to commodity markets to chart the pulse of the futures markets through trend, rotation, and conviction. We’ll answer the “Why” behind capital rotations and macro flow – one chart at a timeĀ Ā https://youtu.be/HK-EZa64TkY Enjoy the benefitsā¦
Updated Crop Progress and Yield Projection Estimates
Corn:Ā Corn conditions were in line with pre-report estimates,Ā last year’s conditions, and a rollingĀ 5-year average for the third week of reporting. Good-to-Excellent ratings across the I-states are high, with Iowa leading at 84%. Moisture accumulation in Southern Illinois and Southern Indiana are of moderate concern, but ratings have yet to reflect any potential damages.Ā Ā Soybeans:ā¦
Markets Were on the Move in Thursday’s Trade
Media Markets Were on the Move in Thursday’s Trade Markets were relatively quiet in Wednesday’s trade, but some range expansion was seen on Thursday in a few different markets. Ā Here’s what caught our eye in equities, energies, ags, and metals! Ā https://youtu.be/9eU9eb7IRUU Enjoy the benefits of Blue Line Futures Open an account with Blue Lineā¦
Today’s Headlines Fall Short of Moving Markets
Media Today’s Headlines Fall Short of Moving Markets From CPI to a “trade deal”, headlines throughout the day did little to move markets in a meaningful way. Here’s what caught our eye in today’s trade. Ā https://www.youtube.com/watch?v=lHyG5aLLFZ4 Enjoy the benefits of Blue Line Futures Open an account with Blue Line Futures and you will gainā¦
Midweek Markets Were Mostly Mixed
Media Midweek Markets Were Mostly Mixed It was a mixed bag across assets in Wednesday’s trade with equities relatively quiet while some commodities saw more movement. Here’s what caught our eye in today’s trade. https://www.youtube.com/watch?v=4D0cvsQddXg Uncover overnight developments and get expert analysis on what to watch for each trading day. When you sign up, youāllā¦
Today’s Markets on the Move: Silver, Orange Juice, Cocoa, and More!
Media Today’s Markets on the Move: Silver, Orange Juice, Cocoa, and More! Silver futures failed to breakout above resistance as the tax bill passing possess a threat to industrial demand. Today’s winner and loser both come from the “softs”. Ag Markets brace for a long weekend with equity markets recovering some of yesterday’s late dayā¦
February WASDE Recap
February WASDE Recap Front-month grain futures closed lower following Tuesdayās relatively non-exciting WASDE report. However, when looking under the hood, grain bulls can get excited about a few anecdotes. Global corn ending stocks were reported at multi-year lows, and South American production estimates for corn and soybeans were lowered. Lastly, the domestic wheat balance sheetā¦
Weekly Grain Market Recap
Weekly Grain Market Recap Tariff threats on Canada and Mexico weigh on corn and soybeans while wheat shows potential for a breakout. Check out our Ag Market Update & South American WeatherOutlook with Empire Weather! Looming tariff threats erased early-week gains across the grain markets this week. Early Friday, Reuters falsely reported that tariffs onā¦
Weekly Grain Market Recap
Weekly Grain Market Recap Corn, soybean, and wheat futures had a volatile week between China’s rejection of Brazilian soy imports due to phytosanitary concerns to Argentina’s move to bolster export sales. By: Matthew Bresnahan Grain markets closed higher for the third week in a row despite some bearish headlines late in the week. News brokeā¦
WASDE Report Recap
Making sense of the numbers from today’s WASDE and Export Sales reports. Todayās WASDE report was largely a non-event for the grain markets. Few material changes were made to domestic or global balance sheets, and todayās price action was largely reflective of that. In spite of the recent dryness across the corn belt, USDA remainsā¦
Brazilian Crop Production Preview
Taking a dive into some of the historical production trends in Brazil in lieu of weather concerns for the upcoming soybean planting season. Brazil Crop Production Preview The calendar turning over to September marks the beginning of the planting season for first-crop corn and soybeans in Brazil, and the end of second-crop corn harvest. Trendlineā¦
2-Minute Drill May Corn Futures – Deep Dive Ahead of WASDE
In todayās 2 minute drill, we zoom in on the monthly chart of May corn futures. We saw a nice pop off of the contract lows in late February, but have been stuck in a 10 1/2 cent range since then. We zoom out to a 5 year chart to contextualize where weāre at forā¦
Descending Wedge & Bullish Divergence on March Soybeans – Upside Breakout in Store?
Fundamental Outlook: Thereās no beating around the bush – the fundamental outlook for soybeans is bearish.Global ending stocks are now at all time highs per the last WASDE report, and export demandfor U.S. soybeans has slowed considerably – currently down around 19% year-over-year. AsSouth American harvest progresses, the outlook of the Brazilian soybean crop hasā¦
Looming Correction in April Live Cattle?
Live Cattle futures have enjoyed a tremendous rally over the last 3 weeks – up nearly $10 since just the beginning of February. But is the rally showing fatigue? Prices are beginning to stall out near the 61.8% retracement of the all-time-highs in October to the lows in late December.
2 Minute Drill: Looming Correction for April Live Cattle? February BTC Rally!
April Live Cattle Futures have enjoyed a tremendous rally over the last two weeks – gaining more than $10. But, with the contract entering overbought territory, and hovering near the 61.8% retracement of the October highs, a correction may be in store. Meanwhile, BTC futures continue charging higher and are likely going to test theā¦
2 Minute Drill on Corn & Cotton Futures
Matthew Bresnan analyzes March corn and May cotton markets, highlighting potential for a corn rally due to bullish divergence and a strong upward trend in cotton, with upcoming USDA reports poised to impact both commodities. Grain and Livestock Market Recap It was another tough day for the grain corn and soybean Bulls, while wheat Bullsā¦
Potential for a Reversal: Is a Short-Covering Rally Brewing in March Corn Futures?
Thereās no beating around the bush – the fundamentals for corn remain bearish ahead of Thursdayās USDA report. Last month, USDA caught many by surprise revising ā23 corn yields to record-highs of 177.3 bushels per acre. Since then, corn futures have continuously grinded lower. But, could a short-covering rally be in the offing soon?
Head & Shoulders in Aussie Dollar Futures
Australian dollar futures have pulled back to the neckline of the recent head and shoulders pattern, which presents bears with a formidable selling opportunity.
Dollar Index Skyrockets Amid Hot Jobs Report, Silver Sinks
Today’s hot jobs report propelled the dollar Index to new heights, showcasing a bullish key reversal and engulfing pattern, indicating strong market momentum. Meanwhile, March silver faced pressure, inversely reacting to the dollar’s rally, with technical analysis suggesting potential support levels amidst market fluctuations.
Incoming Correction for Live Cattle Futures?
Technical Outlook: Live cattle futures have enjoyed a tremendous recovery following the breakdown observed in Q4 of 2023, but is the rally due for a correction? Last Fridayās price action saw April Live Cattle Futures break back above the 50% retracement from the late October highs, and also breach into overbought territory on the standardā¦
Is the Bottom in for Beans?
Tuesdayās price action brought a key reversal, and bullish engulfing pattern on March soybeans. Further evidence that we could be approaching a bottom is the bullish divergence present between the two most recent lows and the standard 14-day RSI.
Are BTC Futures Ready to Make New Highs?
The recent correction lower pulled the February BTC contract out of bearish divergence.
2-Minute Drill: Soybeans and Copper
Matt analyzes bullish engulfing patterns in March soybeans and copper, highlighting key psychological levels and technical indicators that suggest a potential rally in grain markets and a continuation in copper’s upward trend. Grain futures were uniformly green today, for the first time in what seems like a lifetime. At the close March corn was 7ā¦
Weekly Grain Market Recap:
The grain markets were lower again this week in spite of ample short-covering, and a strong start to the week. Thursdayās export sales report put bears back into the driver’s seat with soybean sales failing to reach the bottom end of the tradeās expected range. Unsurprisingly, corn, soybeans, and wheat all sold off sharply afterā¦
A Grain Market Rollercoaster
It was a rollercoaster of emotions (and prices) this week for grain markets. Market strategist, Matthew Bresnahan, breaks it all down in this weeks recap and 2-Minute Drill. April Crude Oil in store for a breakout to the upside? March soybeans clinging to critical support. Matthew Bresnahan, Market Strategist Weekly Grain Market Recap: Itāsā¦
Euro Futures Breach Trendline Support – How Low Will They Go?
A rallying USD is putting ample pressure on Euro futures. Now that weāve broken trendline support, it appears that weāre in the midst of a steeper correction. How low can the contract go?
Grain Market Recap
Matthew Bresnahan, Market Strategist Ā Ā [Auto Transcription] “Good afternoon Traders, this is Matthew Bresnahan with Blue Line Futures coming to you from the Chicago Board of Trade with this week’s grain market recap. Before we jump into today’s price action, we’re going to review some of the key figures and big surprises that weā¦
2-Minute Drill ā± Wheat and Bitcoin Futures
We are going to be looking at March Wheat and Bitcoin Futures. So let’s dive in and get this clock rolling! Matthew Bresnahan, Market Strategist Daily Grain and Livestock Market Recap Corn Corn futures snuck out a second consecutive higher close, albeit it was only by Ā¼ of a cent.Ā New crop corn futuresā¦
Is Bitcoin Primed For A Pullback?
The rally in Bitcoin futures has been impressive. But, without question, the rally is showing signs of fatigue. So the question is – are we gearing up for a pullback?Ā
Soybeans Getting Crushed – Will We Make New Lows?
Soybean futures are off to a rough start in 2024. In the first week of trading, March soybeans were down nearly 42 cents on the back of beneficial rains sweeping Central Brazil. Selling pressure permeated into Mondayās session as well, with soybeans trading down into the mid 1230ās. So, the question now becomes, will Marchā¦
2-Minute Drill ā± April Live Cattle
We are going to be looking at April Live Cattle. So let’s dive in and get this clock rolling! Matthew Bresnahan, Market Strategist Good afternoon, traders, and Happy New Year. This is Matthew Bresnahan with Blue Line Futures coming to you from the Chicago Board of Trade with today’s edition of the two minuteā¦
2-Minute Drill ā± Soybeans & Crude Oil
We are going to be looking at the March Soybeans and February Crude Oil. So let’s get this clock rolling! Matthew Bresnahan, Market Strategist
Buying Opportunity in T-Notes Coming?
After putting in a bottom in mid-October, T-notes have rallied sharply higher. Patient bulls have been afforded few opportunities to enter the contracts on a pullback, but that may soon change. Pullbacks are a healthy part of any sustained rally, as they allow market participants to take profits from longer held positions, and reallocate capitalā¦
To Bean or Not Bean? New Highs In Store For Coffee Futures?
Coffee futures have enjoyed a jolt higher over the past fiscal quarter. After bottoming in October, coffee futures have made successively higher lows and higher highs each step of the way. But is this sustainable? Arabica coffee originating from Brazil have suffered abnormally dry conditions. Considering that Brazil is one of the largest producers ofā¦
2-Minute Drill ā±ļø Live Cattle and Soybeans
We are going to be looking at the February live cattle contract in the January soybean contract. So let’s get this clock rolling! AUTO-TRANSCRIBED Good afternoon, traders. This is Matthew Bresnahan with Blue Line Futures coming to you from the Chicago Board of Trade. With today’s edition of the two minute drill, we are goingā¦
Live Cattle in Limbo
Bullish Divergence in Live Cattle – Are We Approaching a Bottom?
What’s the Difference Between the Futures Market and the Cash Market?
Futures markets and cash markets are two distinct types of financial markets, each with its own characteristics and functions. Here are the key differences between the two
Bitcoin to 40k
Bitcoin finished the holiday-shortened week with a bang.
Weekly Grain Market & Cattle on Feed Recap:Ā
Mixed price action dominated the grain markets this week.
Are Recession Fears Still Looming?
Crude Oil has fallen as sharply as Gold has rallied.
2-Minute Drill: Live Cattle & Crude Oil
The October Cattle on Feed report sent the contract into a locked limit-down trade on Monday, June 23rd.Ā
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