ARP here, good day to all. There are many exiting things going on as I see it. I am jumping into the markets right away. STOCKS I put out an Olive Line Sell in the Dow on Aug 30th. The price 26170. I’m bearish as my extreme Olive Line sell printed. The August High could be in. The pit bear …
AG TIME – What are People Thinking?
The soy lower today. Moderately so. I don’t have a lot to say today. There is a lot baked in the cake. The US crop is finishing in a very positive light. It seems probable, based on private estimates, that the bean yield will increase from the last USDA report. This is significant as the SA planting is underway. The …
Livestock Report
Lean Hogs rallied today as news of two new cases of African swine fever is found in China. This is the sixth and seventh reported cases of the disease and more are sure to follow. There isn’t a cure for the disease and culling the infected is all they can do. Analysts guess that at least 38,000 have been culled …
KC- Margin, better spent Dow?
Good Day ARP here, These represent some of my daily macro thoughts. Argentina has imposed a 10% tax on feed grains. It is my opinion this is a bullish market input! Perhaps we sell beans against the long wheat position. QUANTIFY YOUR RISK. FEEDGRAINS If you are nervous long KC WHEAT, trade with stops. Use a trailing stop …
AG TIME time to watch SA
The soy complex up today led by meal. The reason Arg placed a export tariff on ag exports. In my thought this was something that was dialed into the market some time ago. We traded a summer market with argentina in decline due to weather. It was discussed at length by every analyst that the argentinian crops would cause China …