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 are due when things become so one sided. That is all.
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.
Bull Spreads (SN/SX) Likely to Reach New Highs
And for what it’s worth I just think the bull spreads are (sn/sx) just shaking the trees right now. I expect new highs in that spread at some point. Not a recommendation and there is a risk of loss in...
Soybeans Hold Above Upper Keltner, Bulls Supported
Haven't mentioned in for a couple of days because we have been trading so far above it. Upper keltner #soybean level 11.98 1/4. If not familiar with them that would be a level of support for the bulls...
China Poised to Join War Debate Soon
Looks like #China is about ready to enter the discussion on the War. You figured that was coming.....
Corn Rises, Soy Falls: Money Flow Drives Momentum Trade
#Corn story seems to be getting more and more bullish and the #soybean story seems to be getting much more negative. This isn't a production issue for soybeans such as hot and dry weather cutting the crop. The...
Commodity Hedges Rarely Succeed; Soybean‑crude Link Fails Fast
Very rarely in my 32 years have I seen hedging off risk in another commodity work out. Sometimes it does, but not often. If you bought #soybeans Sunday to protect against rising crude that "hedge" is quickly deflating.