WHO SHOULD WAIT FOR TRIGGERS NOT TARGETS

Written By Sebastian Frost

AUDIO COMMENTARY

  • Some farmer selling and profit taking

  • Depending on your basis for sales

  • Still think we are heading higher into summer

  • Expect extreme volatility to increase

  • Fridays USDA is probably going to show record yields

  • Little bit of delays but could catch back up

  • Funds are wanting to buy the grains

  • The charts look the best they’ve looked for several months

  • Waiting for trigger vs rewarding a rally

  • For some of you, adding protection or spreading out some sales makes sense

  • We could still go a lot higher

  • The possibility to see $3 corn or $6 corn is there

  • What to do if you can’t afford to be wrong

Listen to today’s audio below

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sfrost@dailymarketminute.com

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Sebastian Frost
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