GREAT START TO THE DAY, AWFUL FINISH

AUDIO COMMENTARY

  • Grains started off very strong but finished poor

  • Corn & beans traded to highest levels since July

  • Possible bull trap? Similar to Fridays bear trap

  • Could very easily see follow up correction

  • These days make marketing hard

  • Nothing wrong with selling 5-10% on rallies

  • How to keep upside open but protect downside

  • Why I don’t like making 25 sales for most part

  • I don’t mind selling $11.00 May beans

  • Brazil will determine how high or low we go

  • China trying to boost economy

  • There are possible ways for us to get stupid cheap prices

  • Feels like US is only one with corn for sale

  • Trigger ready to sell calls

  • Capture as much carry as possible

Listen to today’s audio below


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HIGHEST CLOSES SINCE JULY. UPSIDE & SALES CONSIDERATION

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MASSIVE DAY FOR THE GRAINS