BALANCING PRICE POTENTIAL VS RISK

Jul 23

New highs in grains
Talk of $13.00-$14.00 beans
Charts add fund buying until they don’t
There are several unknowns
Demand hasn’t slowed down
Seeing a counter-seasonal rally. What’s it mean?
Be proactive if you don’t have time
Heat could be taking off top end of yields
Wheat going higher over logistics
This rally hasn’t came with an inverse. That is one thing I do not find attractive
Bull markets are suppose to have an inverse
Spreads can tell stories
Reasons for caution up here?
Markets can change without warning
War in 2022 led to huge wheat rally & sell off
If you haven’t made any sales, and feel like you should have, and it’s profitable, then do something
The options are pricing in a lot of potential
Using tools such as floors helps you not leave anything on the table