Hormuz Disruption Fuels Inflation, Boosts Commodities Amid Stubborn Rates
Market seems to be missing the fact that things will not be "normal" in the Strait of Hormuz for a long, long time. Inflation is on the rise and I like commodities here. Pain trade is going to be higher while the bears shout we have to much supply. And rates aren't going lower.
April
Back in the Lej/lem at 3.30 This trade is in delivery and not a recommendation. Still think April goes off 5 bucks over June. Will risk a buck on it.
Iran-Ready Conflict Likely Escalates, Markets Unaware
There is not going to be a complete cease fire. This is just all babble back and forth. Iran has prepared for this for years and years and it will not end in peace talks. Wouldn't be...
Exiting April/June Live Cattle Spread
Think there may be more in it but stepping out of the April/June trade Live cattle that was posted on here a week or so ago. Looking at 4.30 on the spread to step aside.
Cattle Prices Slip $
About a 9 buck break in cattle from the highs in short order is probably about enough. Things are not as much one sided as they were from a few days ago. Equilibrium restored.
Complacent Traders Face Inevitable Corrections, Warns Broker
Had some messages on why I am so down on the cattle. I am not, but one advantage that a broker may have is seeing when their accounts become to complacent and only see higher prices forever. Corrections...
Delivery-Month Trade: Potential Lcj/Lcm Upside Post-Correction
It's in delivery and not for everyone, but wonder if the Lcj/lcm doesn't smoke higher right into expiration after a nice correction. Not a recommendation and this trade is in the delivery month.
Alpha‑gal Syndrome Cases Surge 100‑fold, Becoming Public Health Crisis
Here is what Ask Gemini has to say about it. Is Alpha gal syndrome getting worse? The short answer is yes. Alpha-gal syndrome (AGS) is currently experiencing a significant surge in both reported cases and geographic spread. What was once a "medical...
Tick Bites Can Trigger Red Meat Allergy (Alpha‑gal)
I now have two friends that are dealing with this. It is no joke, and pray I never have to deal with this as much as I love red meat. This is going to become a bigger story soon....
Cattle Poised for Major Correction Despite Bullish Hype
Cattle may have a sizable correction coming. The bullet proof to the upside mentality seems to have taken over full force.
Commodity Funds Inflow Doubles, No Long‑Side Cap
A lot of folks saying funds are maxed out on the long side. You do know there is no magical area where it stops on either the long or short side with the funds. 👉 Net new capital into...
Relief as Soybean and Corn Prices Remain Low
All this sticking a fork in soybeans and corn makes me feel so much better that we are not near our highs yet. Even the farmers hate it going up. Lol. Have a great holiday Eater weekend and back...
No Deal Imminent; Hormuz Likely Stays Closed This Weekend
I hope I’m wrong, but I don’t think we’re anywhere close to having a “deal” or the strait of Hormuz opening anytime soon. This 3 day weekend could be a absolute sh-t show and almost expect it to be...
Soybean Bears Face Disappointing Day as Bull Spreads Flip
This is turning out to be a very disappointing day for the bears in the #soybeans. Bull spreads have even turned.
Export Sales Far Exceed USDA Weekly Targets
Pretty solid export sales #corn 47.9 mb. Needed each week to meet current USDA projections 23.2 mb. #Soybean export sales 24.6. Needed each week to meet current USDA projections 8.3 mb.