BEANS BREAK SUPPORT & OPEN FLOOD GATES

AUDIO COMMENTARY

  • Beans break support. Opens flood gates lower

  • Brazil Real cheapest ever vs the US dollar (chart below)*

  • Our biggest competitor is getting cheaper and cheaper, while our dollar gets more expensive & Brazil has a massive crop with no weather scare

  • Plenty of downside risk especially in soybeans

  • If you have to move beans by X date

  • Be more proactive when you’re short on time

  • $8.50 beans is a risk you have to be aware of

  • Corn chart still doesn’t look horrible

  • Get some protection if you haven’t

  • You have to get comfortable

  • Big difference if you have to move beans by July vs January

  • Still friendly factors for corn & wheat long term

  • How low could soybeans go? (Video below)*

  • Video chart update below*

Listen to today’s audio below

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VIDEO CHART UPDATE

In this video we go over the charts. The downside risk in beans & how low could they go. Where I could see corn finding support & more.

US DOLLAR VS BRAZIL REAL

New all-time highs. Meaning the Real is valued at it’s lowest ever vs the US dollar. A very negative factor for soybeans.


Past Sell or Protection Signals

We recently incorporated these. Here are our past signals.

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


Hedge Account

Interested in a hedge account? Use the link below to set up an account or shoot Jeremey a call at (605)295-3100.

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Check Out Past Updates

12/17/24

SINK OR SWIM TIME FOR SOYBEANS

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12/16/24

SOYBEANS & WHEAT FIGHTING LOWS. WILL CORN DEMAND CONTINUE

Read More


12/13/24

POST USDA COOL OFF

Read More


12/12/24

CORN CORRECTION. WHY WE ALERTED SELL SIGNAL YESTERDAY

Read More


12/11/24

USDA PRICED IN? FAIR VALUE OF CORN? BEAN BREAKOUT?

Read More

 

12/11/24

CORN SELL SIGNAL

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12/10/24

USDA BREAKDOWN

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12/9/24

USDA TOMORROW

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12/6/24

CORN TRYING TO BREAKOUT. MAKING MARKETING DECISIONS

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12/5/24

OPTIMISTIC BOUNCE IN GRAINS

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12/4/24

WHEAT UNDERVALUED? MOST RISK IN BEANS. HAVE A GAME PLAN

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12/3/24

BEANS HOLDING DESPITE LACK OF BULLISH STORY

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12/2/24

TRUMP & BRAZIL HURDLES

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11/27/24

CORN SPREADS, CRUCIAL SPOT FOR BEANS, SEASONALITY SAYS BUY

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11/26/24

TARIFF TALK PRESSURE

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11/25/24

HOLIDAY TRADE, SEASONALS, TARGETS & DOWNSIDE RISKS

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11/22/24

CORN TARGETS & CHINA CONCERNS

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11/21/24

BEANS NEAR LOWS. CORN NEAR HIGHS. 2025 SALE THOUGHTS

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11/19/24

WHAT’S NEXT FOR GRAINS

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11/18/24

WHEAT LEADS THE GRAINS REBOUND

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11/15/24

BIG BOUNCE, FUNDS LONG CORN, DOLLAR & DEMAND

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11/14/24

3RD DAY OF GRAINS FALL OUT

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11/13/24

GRAINS CONTINUE WEAKNESS & DOLLAR CONTINUES RALLY

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 11/12/24

ANOTHER POOR PERFORMANCE IN GRAINS

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11/11/24

POOR ACTION IN GRAINS POST FRIENDLY USDA

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11/8/24

USDA FRIENDLY BUT GRAINS WELL OFF HIGHS

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11/6/24

GRAINS STORM BACK POST TRADE WAR FEAR

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11/5/24

ALL ABOUT THE ELECTION & VIDEO CHART UDPATE

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11/4/24

ELECTION TOMORROW

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11/1/24

GRAINS WAITING ON NEWS

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10/31/24

ELECTION & USDA NEXT WEEK

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10/30/24

SEASONALS, CORN DEMAND, BRAZIL REAL & MORE

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10/29/24

WHAT’S NEXT AFTER HARVEST?

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10/25/24

POOR PRICE ACTION & SPREADS WEAKEN

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10/24/24

BIG BUYERS WANT CORN?

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10/23/24

6TH STRAIGHT DAY OF CORN SALES

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10/22/24

STRONG DEMAND & TECHNICAL BUYING FOR GRAINS

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10/21/24

SPREADS, BASIS CONTRACTS, STRONG CORN, BIG SALES

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10/18/24

BEANS & WHEAT HAMMERED

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10/17/24

OPTIMISTIC PRICE ACTION IN GRAINS

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10/16/24

BEANS CONTINUE DOWNFALL. CORN & WHEAT FIND SUPPORT

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10/15/24

MORE PAIN FOR GRAINS

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10/14/24

GRAINS SMACKED. BEANS BREAK $10.00

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10/10/24

USDA TOMORROW

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10/9/24

MARKETING STYLES, USDA RISK, & FEED NEEDS

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10/8/24

BEANS FALL APART

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10/7/24

FLOORS, RISKS, & POTENTIAL UPSIDE

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10/4/24

HEDGE PRESSURE

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10/3/24

GRAINS TAKE A STEP BACK

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10/2/24

CORN & WHEAT CONTINUE RUN

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10/1/24

CORN & WHEAT POST MULTI-MONTH HIGHS

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9/30/24

BULLISH USDA FOR CORN: RECOMMENDATION

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THE SOYBEAN PROBLEM. NEW WHEAT LOWS. CORN UPTREND

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SINK OR SWIM TIME FOR SOYBEANS