FACTORS & UNKNOWNS IN GRAINS

AUDIO COMMENTARY

  • Cattle been pretty sideways for months

  • Be comfortable with cattle downside risk

  • Factors influencing grains moving forward

  • Unknown sides of demand

  • China is the biggest unknown

  • Why there is big potential upside & downside

  • New yearly highs in new crop

  • Soybeans nearing November highs

  • Corn holding up despite first notice day

  • Should you have new crop priced?

  • How spreads work in different markets

  • Chance for $5 new crop corn?

  • Wheat at potential support (chart below)*

Listen to todays audio below

Want to talk? (605)250-3863

KC WHEAT CHART

May KC 🌾

Failed the target box.

Now coming down to test the old point of the breakout like we discussed.

Sitting at some potential support here.

This was our old resistance on a few occasions. Now viewed as support. Bulls would like to see us hold here.

Failure to hold wouldn’t look great short term.


Past Sell or Protection Signals

Feb 19th: 🌾  

KC wheat sell signal & hedge alert.

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Feb 6th: 🌽 🌱 

Corn & soybean sell signal & hedge alert.

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Feb 4th: 🌱 

Soybean sell signal & hedge alert.

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Dec 11th: 🐮

Cattle sell signal & hedge alert.

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Dec 5th: 🐮

Cattle sell signal & hedge alert.

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Nov 17th: 🌱

Soybean sell signal & hedge alert.

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Nov 13th: 🌽  🌱

Managing risk in corn & beans ahead of USDA report.

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Oct 28th: 🌽 

Corn sell signal & hedge alert.

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Oct 27th: 🌱

Soybean sell signal & hedge alert.

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Oct 13th: 🐮 

Cattle sell signal & hedge alert.

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Aug 22nd: 🌱

Soybean sell signal & hedge alert.

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July 31st: 🐮 

Cattle sell signal & hedge alert.

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July 10th: 🐮 

Cattle sell signal & hedge alert.

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June 5th: 🐮 

Cattle sell signal & hedge alert.

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June 2nd: 🌾

MPLS wheat sell signal.

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April 10th: 🌽 

Old crop corn sell signal.

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March 19th: 🐮 

Cattle hedge & sell signal.

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Feb 18th: 🌽 🌾 

Old crop KC wheat & old crop corn signal.

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Jan 23rd: 🌽 🌱 

Corn & beans old crop sell signal.

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Jan 15th: 🌽 🌱 

Corn & beans hedge alert/sell signal.

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Jan 2nd: 🐮 

Cattle hedge alert at new all-time highs & target.

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Dec 11th: 🌽

Corn sell signal at $4.51 200-day MA

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Oct 2nd: 🌾 

Wheat sell signal at $6.12 target

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Sep 30th: 🌽 

Corn protection signal at $4.23-26

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Sep 27th: 🌱 

Soybean sell & protection signal at $10.65

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Sep 13th: 🌾 

Wheat sell signal at $5.98

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May 22nd: 🌾 

Wheat sell signal when wheat traded +$7.00

CLICK HERE TO VIEW


Want to Talk?

Our phones are open 24/7 for you guys if you ever need anything or want to discuss your operation.

(605) 295-3100

sfrost@dailymarketminute.com


Hedge Account

Interested in a hedge account? Use the link below to set up an account or shoot Jeremey a call at (605)295-3100.

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WHEAT REJECTS TARGET. NEW CROP CORN ARGUMENT & MORE