AUDIO COMMENTARY

Risks in corn we talked about (Chart Below)
Full chart breakdowns for all grains
When will market realize Brazil corn problem?
Carry coming out is very friendly
Mato Grosso could lose the amount of beans as the whole US carryout
Drought situation in the US
Things bulls need to see
Why $3 corn and $6 corn are both possible
How to find your path in marketing
Hedging, not chasing
Who should be selling vs who should be holding
Getting to a point where you don’t care if the market goes up or down

Listen to today’s audio below

CORN CHART RISK

This is the risk we have been talking about the past few weeks. We did not hold $4.70 today. Our risk is that we head towards where the December contract went off the board. Similar to how the December followed the September. That downside risk is the $4.50 area.