I just did a timely voice a half hour ago, corn buy with 3.78.5 sell stop, meal 313.80 stop, both same setup, very low risk if looking to buy these markets funds are getting slapped around in. Powder blue xxx’s are powerful pivots. THIS IS VERY SHORT TERM so this may not apply to yourself. It is an example of …
Ag Commentary
The crop condition ratings will be released today. Most are looking for a decline in beans of 1-2 % . Im not sure this will be the case as the temperatures have moderated. In addition rains are falling in the central and eastern belt. The west still has time for improvement in the next three week period if,again if rains …
Ag Commentary
The soy complex rallied today due to a continued dry forecast for the western belt. The heat has somewhat moderated. The question will be if the dryness persists for the next 2-3 weeks. This would have the potential to effect the overall yield potential. There have been a few scattered showers that have shown up unexpectedly. This may mean nothing …
Ag Commentary
The market at present is attempting to digest the weather. This will be the driving force behind price discovery over the next three weeks. As I said earlier in the week. There are times to take to the sidelines and be patient. If the market continues to rally this presents a opportunity to the producer. Not only for unsold current …
Commodities hit all at once, filled in a few.
Many markets triggered signals that I have covered on the daily voice updates which offer valuable information the cuts to the chase. Farmer Alert– I don’t recommend hedging Corn down here as this is a buy level. $3.80 held. This is the time to be on alert to market your crop for producers. $4.15 was posted as the 1st of …
Corn, US dollar, Olive hit /filled 3.82, 9351
Pay heed to Cup—- Short on time to type a comment today but a boatload happening everywhere. I am going to have to drop day to day coverage in meats as the audience for these tiny commodities is too small. If you want to come here to do business with me then this would change but for now this is …
Ag Commentary
There are times it would appear when it is best to be out of the market. The volatility at present is making it very difficult. The weather for the next three weeks will drive the price direction. The western belt remains dry. With very spotty rain if any. This will fuel rallies if the forecast doesn’t change. The question will …
Weekend wrap
Good Morning Farmers, Commercials and Traders, Part of being a successful trader requires having levels that you confident about, followed by a trading methodology that allows you to shoot bigger with a tighter risk profile. Last month gave a precise example with soybeans where, for instance if you were a 10 lot trader you might buy 5 @ OLB#1 thin …
Big Bang Low Risk Trades
Good Morning Farmers, Commercials and Traders, (late grain snapshot playing lines on bottom) Part of being a successful trader requires having levels that you confident about, followed by a trading methodology that allows you to shoot bigger with a tighter risk profile. Last month gave a precise example with soybeans where, for instance, if you were a 10 lot trader …
Ag Commentary
The markets move day to day based on the latest weather report. The risk has gone up considerably due to the uncertainty. The weather for beans will become very important last half july and into august. There still exists the opportunity for the government numbers to be the reality. The risk now is if the weather turns hot and dry,and …