Author: Jeff Kaprelian

May 14, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Jeff Kaprelian Grains continued their recovery and had massive runs today. Corn settled 12’2 higher at 368’6, soybeans were 29’0 higher at 831’4, and wheat was 11’4 higher at 448’4. For those keeping score at home, the trading ranges from today’s highs to yesterday’s lows are 27’6 for…

May 13, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Jeff Kaprelian Grains finished mixed after a wild ride session. After starting the day significantly lower on the escalation of the trade war we posted a dramatic reversal and finished the day with corn and wheat quite a bit higher and soybeans clawing back most of their losses….

May 10, 2019 | For Members

Afternoon Cattle Market Recap

By: Patrick McRae – Cattle futures put in a very strong bounce but did close off their highs on the day. The cash cattle trade for the week was finished a bit early on and with the cash averages in the $120 price area the basis tightening is likely the…

May 08, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Jeff Kaprelian Grains finished lower as tensions with China weighed over the market. Earlier today we saw some details as to why President Trump sent out the Sunday tweet that shook the markets. Last Friday the Chinese sent over a diplomatic cable that made edits to every major…

May 08, 2019 | For Members

Risk Management Update

No new updates 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) Offer 50% of expected production at 420’0 futures/HTA 2018/19 We have been 100% priced, but for…