KC WHEAT SELL SIGNAL & HEDGE ALERT

KC wheat is approaching our first target we’ve been talking about for months.

Who is this alert for?

This alert is specifically for those that can’t store wheat and need cash flow.

We like making an incremental sale or adding some protection via buying puts, selling calls or a combination of both.

If you can store all of your wheat, you can be more patient. You could consider a simple put to keep your upside open while adding a floor.

If you want to talk specifics please reach out to us.

Jeremey: (605)250-3863

Lauren: (806)484-1214


Why the alert?

For starters, this is not me claiming wheat is going to top here.

We can absolutely keep running, but it makes sense for some to start to reward this move.

In fact, the chart looks friendly, and my bias is that we will continue higher especially when taking a longer term approach.

Look at the daily continuous chart.

We broke a multi-year downtrend. We broke horizontal resistance.

Regardless, it makes sense for some of you to start managing some risk here.

KC Approaching Targets

We are approaching our first target on every KC contract.

March, May, and July KC wheat have clawed back almost 50% of the June highs.

This level also lines up with prior support from last May.

We like taking some chips off between here and the 61.8% level. Aka the golden zone.

The green box is where relief bounces can often tend to fail. So it’s a risk short term.

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Past Sell or Protection Signals

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

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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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REASONING BEHIND MORNING SELL SIGNAL