UGLY DAY FOR WHEAT & BEANS, STILL RISK, CROP TOURS, CAPTURING CARRY
AUDIO COMMENTARY
Dangerously close to making new lows
Ugly day for wheat, new lows
Seasonally wheat makes lows soon
Most wheat news is old news
Bean chart looks like it wants lower
Tour pretty negative as expected
Few things line up for potential lows soon
$4 wheat & $8 bean talk
Very real downside risk still
Riding out the storm
Funds, demand, & supply
Could have record crop, but by how much?
We are pricing in huge crops. What happens if we even slightly disappoint?
If have to move off combine, do something with the basis
Spreads firmed for first time in a while
Checklist to watch for bottoms
Elevators won’t do favors on DP
Capture carry in bear markets
Listen to today’s audio below
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Check Out Past Updates
8/21/24
CROP TOUR DAY 3. NOT HUGE MOVEMENT
8/20/24
CROP TOUR SO FAR & COMPARISON TO USDA
8/19/24
CROP TOUR BOUNCE
8/16/24
RISK REMAINS LOWER. MANAGE YOUR RISK
8/15/24
DEMAND, BIG US CROPS & BRAZIL DROUGHT
8/14/24
DEAD CAT BOUNCE
8/13/24
POST USDA SELL OFF
8/12/24
USDA REPORT: BEARISH BEANS. SMALLER CORN CARRYOUT & RECORD YIELDS
8/9/24
USDA REPORT MONDAY
8/7/24
HUGE USDA REPORT MONDAY
8/6/24
WHEAT UNDERVALUED? CORN YIELD? WHAT TO DO WITH GRAIN OFF COMBINE
8/5/24
GRAINS STRONG WHILE WORLD PANICS
8/2/24
GRAINS RALLY, YIELD ESTIMATES, CHINA STARTS TO BUY
8/1/24