BECOMING COMFORTABLE IN THE MARKETS

Written By Sebastian Frost

AUDIO COMMENTARY

  • Harvest getting started. Some early results disappointing but still too early

  • We held lows from the bottom of the reversals

  • There is potential to see some pressure short term

  • Harvest is the time of most supply, so it’s not easy to rally here

  • NOPA numbers disappointing

  • Barge freight & river levels

  • Wheat lows still look like they are in

  • World wheat situation long-term friendly

  • Not being forced to sell

  • Lot of long term bullish factors in beans

  • Corn needs demand. I think we will see some

  • Getting away from delayed price

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Sebastian Frost
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