PRICE ACTION TELLS DIFFERENT STORY FROM USDA REPORT

Written By Sebastian Frost

AUDIO COMMENTARY

  • USDA friendly corn & wheat. Negative beans

  • The report wasn’t all that bullish, but negative numbers were priced in like we had mentioned past few days

  • World ending stocks were a surprise

  • Todays report should help us climb ove higher

  • Report says these negative factors are priced in

  • Beans had nothing bullish at all but traded higher. Thats a trigger higher

  • What to do if you are uncomfortable or haven’t made any sales

  • Still waiting for triggers to make sales, but nothing wrong with taking some risk off for some

  • Exactly why I think we are going higher

Listen to today’s audio below

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Sebastian Frost
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