Founder’s Note: Last time, Sam Gatlin was in Dubai learning from the godfather of technical analysis.
Now he’s writing from Naxos, Greece – the island where Zeus was raised.
Leave it to Sam to connect ancient myths with what’s happening in today’s markets. – JC
By Sam Gatlin
I’m writing to you from Naxos – the largest island in the Cyclades, where marble cliffs plunge into turquoise water and ancient myths still hang in the air.
Somewhere up in those mountains, hidden by clouds and olive trees, Zeus was raised in secret. His mother hid him here to save him from his father, the titan Cronus, who swallowed each of his children to keep his throne.
While the world above trembled, the future king of the gods grew stronger in silence.
He waited patiently…
Then one day, he climbed out of these hills and claimed the sky.
That story feels familiar right now.
Because beneath the surface of the agricultural markets, something similar is happening. The old powers are losing their grip and the new ones are waking up.
Just like Zeus in the Naxian hills, a new force is gathering strength – and it’s about to take the throne.
The Great Ag Rotation
If you’ve been following my work since September, you know my family’s history goes back to the Homestead Act of the 1800s, when we settled in Kansas and made a living from the land.
For us, futures contracts aren’t just tickers. They’re feed bills, fuel costs, and paychecks.
All year long, Cattle have been king.
Cattle futures have been one of the strongest commodities in the world – right up there with precious metals.
Meanwhile, grains have been stuck in the mud, with Corn futures trending relentlessly lower.
But that relationship is changing right now.
Take a look:
Cattle futures have started to roll over hard, while Corn futures are carving out a base and turning higher.
Historically, these two markets have moved in opposite directions – when one rises, the other tends to fall.
That’s the push and pull of the agricultural cycle: feed costs rise, margins compress, and leadership shifts.
And we’re seeing that shift play out again in real time.
Soybeans Sprout a New Trend
The rotation isn’t just about Corn.
The real standout here is Soybeans – the pride of the Kansas plains and, yes, my own family’s fields back home.
Soybean futures are decisively climbing out of a textbook multi-year base and printing fresh 52-week highs.
That’s a classic bearish-to-bullish reversal, and it’s how new primary uptrends are born.
As my family harvests this year’s crop, the timing couldn’t be better. We’ve been locking in profits from the Cattle bull market – one of the most powerful runs since the 1970s – and now the rotation is setting up in our favor again.
Grains are waking up, and livestock is taking a breather. That’s how markets breathe – one sector exhales so another can inhale.
From the Aegean to the Great Plains
As I look out over the Aegean, I can’t help but think of home – the Kansas fields where my family is harvesting soybeans right now.
The view couldn’t be more different, but the story feels the same.
Here in Naxos, Zeus once hid from his father, waiting for the moment he’d rise up and take back the throne of Olympus. It was the ultimate shift in power – the fall of the Titans and the dawn of a new age.
Back home, another power struggle is taking shape, not between gods, but between markets. Cattle have ruled for years, but now the grains are stirring, gathering strength, and challenging for the crown.
Whether it’s Zeus in Naxos or soybeans in Kansas, strength always builds in silence – until it doesn’t.
When it breaks, we’ll know who’s sitting on the throne.
Stay sharp,
Sam Gatlin
Chief Cowboy, TrendLabs