GRAINS CONTINUE 2-DAY RALLY

AUDIO COMMENTARY

  • Funds still heavily short, leading to short covering

  • War escalations

  • Freeze damage?

  • Charts starting to look positive

  • All of this uncertainty will add premium to markets

  • Very very strong corn exports

  • Dryness starting early in Brazil

  • Winter wheat conditions dropped hard

  • Basis contracts need to be priced this week. Know your role. Don’t let them front run you

  • Hedging not chasing. Courage calls & implied volatility will increase soon

  • Stages could be set for major rally soon

Listen to today’s audio below

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FUNDS CONTINUE TO COVER & RALLY GRAINS

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ONE DAY WONDER? EXTREME VOLATILITY & RALLY