Author: Jeff Kaprelian

May 20, 2019 | For Members

Commitments of Traders Analysis

By: Jeff Kaprelian Corn In what was a surprise to many, funds mostly held on to their big net short. They covered only 9,144 out of 566,664 and sold out of 1,985 longs. Their net position is now short 183,889 contracts. Commercials added 35,748 new longs and 38,934 new shorts….

May 17, 2019 | For Members

Afternoon Cattle Market Recap

By: Patrick McRae – Live cattle markets managed to have two consecutive days of green under their belt. So far this has been a very strong reaction from the previous days rally off of the lows. Todays close is encouraging and has put some of the daily indicators into the…

May 16, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Jeff Kaprelian It’s a nice change of pace when I can go from saying “more of the same” with regards to the market falling every day on trade worries and big production to saying “more of the same” when the market is higher on short-covering, weather, and fears…

May 15, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Jeff Kaprelian Grains finished mostly higher after giving up gains from earlier in the session. Corn settled 0’6 higher at 369’4, soybeans were 4’0 higher at 835’4, and wheat settled 0’2 higher at 448’6. As stated yesterday, the market was in need of a cool off. When you…

May 15, 2019 | For Members

Risk Management Update

Old crop catch up target filled. We are prepared, but not yet ready, to issue a new crop corn option recommendation very soon. Please stay tuned. 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…