USDA NEXT WEEK

AUDIO COMMENTARY

  • Cattle higher last 4 of 5 days

  • Cattle targets to de-risk (charts below)*

  • Trend is still lower in cattle. Ready to reward

  • Could corn continue to follow last year’s path? (chart below)*

  • Wheat sideways at big support (chart below)*

  • Who should remain patient

  • Should you look at 26 crops?

  • For those that don’t need to sell

  • China still betting on Brazil weather

  • Don’t look for production changes in next week’s USDA report. Eyes on the January report

  • The bullish possibilities for Jan report

  • Don’t give up control of your grain

  • Some charts below audio*

Listen to today’s audio below

Want to talk? (605)250-3863

CHARTS

March Wheat 🌾

We’ve traded sideways for the last several days.

We are still holding this key spot.

$5.31 gives back 61.8% of the entire rally. It is seen as a pretty important spot to hold.

If we are going to bounce, it should be here.

Failure to hold opens the door lower.

Looking to de-risk in the green box.

That is also where the 200-day MA sits. We’ve only been above it a handful of times the last year. Each time was very short lived.

Jan Feeders 🐮

We are looking to de-risk in the green box.

It claws back 50-61.8% of the entire sell off.

That is the most common spot for prices to revert back to before making a decision.

Not only that, but the 50-day MA sits there as well. This acted as a massive floor on several occasions. So it is now viewed as resistance.

Lastly we do also have the large gap we left back in October as well.

Feb Live 🐮

Same set up as feeders.

Looking to de-risk in the green box.

The golden zone retracement of the entire sell off.

If we get up there, that is a good spot to de-risk in my opinion.

The 50-day MA sits there as well.

March Corn 25 vs 26 🌽

So far we are still following a very very similar path to last year.


Past Sell or Protection Signals


Nov 17th: 🌱

Soybean sell signal & hedge alert.

CLICK HERE TO VIEW
 

Nov 13th: 🌽  🌱

Managing risk in corn & beans ahead of USDA report.

CLICK HERE TO VIEW
 

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?

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


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NEARING CATTLE TARGET. DOES CHINA NEED CORN?

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WHAT WOULD IT TAKE TO PAINT BULLISH CORN STORY?