CHINA HEADLINE HITS MARKET
AUDIO COMMENTARY
Corn bounced well off lows again
China cuts tariffs on ags but not soybeans
Is soybeans being excluded from tariff cut bearish?
China concerned about world supply?
Does this China decision make sense?
The tariff cuts make us more competitive
Funds record long and selling some
I expect the funds to come back and buy the dip
Is this a re-ownership opportunity?
Want to hold today & Friday’s lows
Corn is now cheaper for China
Funds haven’t puked out of those positions
USDA report on Wednesday
Some areas have basis on fire
Harvest progress came in on pace
Have to move stuff in a few weeks?
Want to see beans back above $13.00
Are the crops really there?
China meeting didn’t give us a super bullish headline, but it should result in more demand
This year still feels somewhat similar to 2010
What to do based on your situation?
Listen today’s audio below
Want to Talk?
Our phones are open 24/7 for you guys if you ever need anything or want to discuss your operation.
Jeremey & Office: (806)484-1214
Sebastian: (605)280-1186
Email: sfrost@dailymarketminute.com
Hedge Account
Interested in a hedge account? Use the link below to set up an account or give us a call.