DOES THE TREND SAY HIGHER?
AUDIO COMMENTARY
Cattle continues to bounce
Nearing some resistance in cattle
Crude keeps running higher
Corn inside USDA range
Report wasn’t bearish but not super bullish
Smaller carryout is the trend
Crop has gotten smaller month after month
The only demand cut was feed
Exports haven’t slowed down
US still one of the only corn games in town
Bull market possibilities are there
Bull markets don’t tend to be one and done
Should gain wheat acres
World and US situations both friendly
Soybean yield is more unknown
Reasons why this market has potential
Balance what you have sold with what you have left to sell and your price objective
Expect crazy volatility the next few months
Options have been getting more cheap
Know who you are and your scenario
Why to be patient if you can
The upside outweighs the downside
Watch Fridays highs and lows
It’s not buy high and sell low
Why you should not chase things
Crop progress at 3pm CT
Quarterly stocks at end of month
Listen to today’s audio below
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