By: Dan Hueber – While I fully recognize that yesterday was Ash Wednesday, a day when the church calls us to reflect on our sins and short-comings and to give up something we treasure for the season of lent, but I did not realize that the grain and soy trade…
Commentary
Afternoon Grain and Cattle Recap
By: Patrick McRae Grains slid on technical selling today. It seems that unless we have bullish China news in the morning we have nowhere to go but down. While we’re on the topic of China we might as well talk about what little news there was regarding the subject. Undersecretary…
Risk Management Update
No new updates this week Corn 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 For those interested in capturing carry we recommend setting spread targets following the advice…