GARBAGE USDA REPORT
AUDIO COMMENTARY & USDA BREAKDOWN
Lock in floors on cattle
Corn acres & stocks increased
Idea is carryout will increase, but I don’t see that
Harvested acres are going down with floods etc
Todays report created more demand
Corn numbers on surface very negative
That rally is going to be counter seasonal rally led by demand which is a better rally than a scare rally
Get comfortable if you don’t think we will get that rally. Lock in downside
Chart action wasn’t awful, well off lows
Funds are a lot shorter than most realized. Short a massive amount
Lower we go, the more demand we create
Now is very good time to look to re-own
Options got very cheap today
Sub $4.00 corn is possible
Why corn could spend more time above $5 than below the next 1 1/2 years
Have you looked at the China corn market?
USDA Numbers Below*
Listen to today’s audio below
THE USDA NUMBERS
CORN
SOYBEANS
WHEAT
CHARTS
Corn
Beans
Wheat
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