Grains – Jeff Kaprelian Grains finished mostly lower today with wheat being the only thing able to squeeze out a slightly higher close. Weather and export sales were the drivers of the day, and Dan covered that well this morning. So this afternoon I’m going to talk about the USDA’s…
Author: Jeff Kaprelian
Risk Management Update
No new updates this week Corn 2020/2021 Sell 20% of expected production at 415’0 (Filled 4/12/19) 2019/20 Sell 10% of expected production at 420’4 (Filled 5/1/18) Buy 420’0 CZ9 calls on 50% of expected production at 21’0 (Filled 10/17/18) Sold 50% of expected production at 420’0 futures/HTA (Filled 5/24/19) 2018/19 We have been…
Afternoon Grain Market Recap
By: Jeff Kaprelian Grains slid today as cooler weather made its way into the Midwest after last week’s intense heat. Without a significant number of fund shorts in the corn market we’ll need bullish news every day to sustain the market. Otherwise the longs will get stale and exit. Should…
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished higher across the board as traders lost interest in the selloff. We were trading into weak support, and the market finally came to terms that it’s awfully hot out there with a fair amount of corn tasseling. Perhaps the biggest news of the day…