STILL NO CLEAR DIRECTIONS IN THE MARKETS

AUDIO COMMENTARY

  • WASDE on Thursday. Typically no huge changes in Feb

  • Some things could see in report. More USDA details later this week

  • No signals on the charts

  • New low in beans but reversed higher

  • What is your plan if you are wrong? Do you have an exit plan?

  • Now is still the time for courage calls. Hedging not chasing

  • Funds short is a bullish wild card, but they can stay short awhile

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WHAT IS EXPECTED FROM USDA & WAYS TO GET COMFORTABLE

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NEW BEAN LOWS.. HOW LOW CAN CORN GO?