HAVING A PLAN FOR BUSHELS

AUDIO COMMENTARY

  • Like rewarding cattle bounce

  • Great action in wheat today (chart below)*

  • Up against resistance in wheat (chart below)*

  • What does this China deal mean?

  • There is a path for a tight balance sheet in beans

  • China deal isn’t just friendly today, it is friendly long term

  • Interest rates continue to drop and this could entice the funds more

  • A lot time beans can rocket to $12 (chart below)*

  • Keep a floor if you have to move soybeans by the end of the year

  • Corn still at resistance (chart below)*

  • Could see corn struggle more than beans in Nov

  • Nov is seasonally weak for corn

  • No matter where yield is, we have a big corn crop. Which could pressure us short term with the forced selling

  • Get a game plan if you have basis contracts

  • Corn options still cheap. How to use them

  • If you have tops you have to take off get a plan for those bushels

  • CCC loans to cut interest expenses

Listen to today’s audio below

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CHARTS

Dec Corn 🌽

Still battling resistance after hitting our first target of $4.35

Could very easily see us cool off here but we don’t have to.

If we correct, we need to hold $4.20 which is a standard correction and 61.8% of the recent rally.

If we take out the green box then the upside opens further.

Continuous Beans 🌱

We talked for months that if we broke out of this yearly range, we could have some room to run.

We still have the gap or air towards $11.40

Here is a monthly chart.

This is why $12 beans wouldn’t surprise me.

We simply rarely trade in the $11’s. When we do, it usually isn’t for very long.

Dec Wheat 🌾

Right up against resistance once again.

Big spot.

IF we can break above, it should spark some further upside.

Targets are $5.54 and $5.69


Past Sell or Protection Signals

Oct 28th: 🌽 

Corn sell signal & hedge alert.

CLICK HERE TO VIEW


Oct 27th: 🌱

Soybean sell signal & hedge alert.

CLICK HERE TO VIEW


Oct 13th: 🐮 

Cattle sell signal & hedge alert.

CLICK HERE TO VIEW


Aug 22nd: 🌱

Soybean sell signal & hedge alert.

CLICK HERE TO VIEW


July 31st: 🐮 

Cattle sell signal & hedge alert.

CLICK HERE TO VIEW


July 10th: 🐮 

Cattle sell signal & hedge alert.

CLICK HERE TO VIEW

June 5th: 🐮 

Cattle sell signal & hedge alert.

CLICK HERE TO VIEW


June 2nd: 🌾

MPLS wheat sell signal.

CLICK HERE TO VIEW


April 10th: 🌽 

Old crop corn sell signal.

CLICK HERE TO VIEW


March 19th: 🐮 

Cattle hedge & sell signal.

CLICK HERE TO VIEW


Feb 18th: 🌽 🌾 

Old crop KC wheat & old crop corn signal.

CLICK HERE TO VIEW


Jan 23rd: 🌽 🌱 

Corn & beans old crop sell signal.

CLICK HERE TO VIEW

Jan 15th: 🌽 🌱 

Corn & beans hedge alert/sell signal.

CLICK HERE TO VIEW


Jan 2nd: 🐮 

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

CLICK HERE TO VIEW


Dec 11th: 🌽

Corn sell signal at $4.51 200-day MA

CLICK HERE TO VIEW

Oct 2nd: 🌾 

Wheat sell signal at $6.12 target

CLICK HERE TO VIEW
 

Sep 30th: 🌽 

Corn protection signal at $4.23-26

CLICK HERE TO VIEW
 

Sep 27th: 🌱 

Soybean sell & protection signal at $10.65

CLICK HERE TO VIEW
 

Sep 13th: 🌾 

Wheat sell signal at $5.98

CLICK HERE TO VIEW
 

May 22nd: 🌾 

Wheat sell signal when wheat traded +$7.00

CLICK HERE TO VIEW


Want to Talk?

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CHINA BUYING WHEAT? GRAIN RALLY CONTINUES

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WILD DAY. CHINA AGREES TO BUY SOYBEANS