CATTLE HAMMERED, CALLS VS DP & 2026 SALES?
AUDIO COMMENTARY
Cattle hammered again
Cattle broke major support (chart below)*
Strategies we are using in cattle
Perhaps a little hedge pressure in corn
Simple re-test in corn? (chart below)*
Crop insurance pricing period is going to be over so you will not have a floor anymore. There is a risk in that
Why is basis firming at harvest?
Canada & US trade war escalation
Questions many of you have had
Should you be making any 2026 sales?
Delayed price vs call options
Why options might make more sense than DP
Options are abnormally cheap
Even if prices go lower options could be the better decision than DP because it locks in a floor
How can you capture the carry without locking in the price?
Listen to today’s audio below
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CORN & CATTLE CHART
Dec Live Cattle 🐮
We rejected off that golden fib.
We are now breaking below some pretty critical support.
We broke below the 50-day MA for the first time since April.
This has acted as a complete floor the entire year. The entire run.
It has marked several bottoms.
The only time we broke below was April. We then ultimately came down and tested the 100-day.
This market is still clearly in an uptrend and only at prices seen two weeks ago.
However, breaking below this support is not a good sign as could very well spark additional downside.
I have been talking about the 50-day being our warning sign for months.
Nov Feeder 🐮
We also broke below that critical 50-day MA.
This is pretty much the very first time we’ve broken below in the entire life of this contract.
It could very well spark some more downside.
Dec Corn 🌽
I’m not concerned with the price action in corn today.
It was an inside day meaning we did not trade above yesterday’s highs or below yesterday’s lows.
Yesterday we had a clear breakout above the 61.8% retracement up to the Sep highs as well as a break from the downtrend resistance.
Most of the time (not every time) break above the 61.8% and it tells us we are going to see more upside.
I think today’s pressure could simply be a back test of our previous resistance. As old resistance is now viewed as support.
Past Sell or Protection Signals
Oct 13th: 🐮
Cattle sell signal & hedge alert.
Aug 22nd: 🌱
Soybean sell signal & hedge alert.
July 31st: 🐮
Cattle sell signal & hedge alert.
July 10th: 🐮
Cattle sell signal & hedge alert.
CLICK HERE TO VIEW
June 5th: 🐮
Cattle sell signal & hedge alert.
June 2nd: 🌾
MPLS wheat sell signal.
April 10th: 🌽
Old crop corn sell signal.
March 19th: 🐮
Cattle hedge & sell signal.
Feb 18th: 🌽 🌾
Old crop KC wheat & old crop corn signal.
Jan 23rd: 🌽 🌱
Corn & beans old crop sell signal.
CLICK HERE TO VIEW
Jan 15th: 🌽 🌱
Corn & beans hedge alert/sell signal.
Jan 2nd: 🐮
Cattle hedge alert at new all-time highs & target.
Dec 11th: 🌽
Corn sell signal at $4.51 200-day MA
CLICK HERE TO VIEW
Oct 2nd: 🌾
Wheat sell signal at $6.12 target
Sep 30th: 🌽
Corn protection signal at $4.23-26
Sep 27th: 🌱
Soybean sell & protection signal at $10.65
Sep 13th: 🌾
Wheat sell signal at $5.98
May 22nd: 🌾
Wheat sell signal when wheat traded +$7.00
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