Inflationary cycles peak on Monday

FOR MONDAY: (8/20) Inflationary cycles peak on Monday and it could pull grains up for a final flourish but grains look lower the rest of the week and inevitably Chinese talks will fail and the market will head lower. At the point where we have to worry about seasonal pressure starting to come in. Cattle…


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Expect grains will hold up on Friday

FOR FRIDAY: (8/17) Expect that grains will hold up but could be lower on Sunday/Monday if there’s any surprise negative news from China. Hard to take anything home, and the optimism about China may hold the market up into Monday until there is the next disagreement. Tired of this story. Cattle didn’t go down and…


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Beans lower on Thursdays

FOR THURSDAY: (8/16) Usually we can count on grains moving lower on Thursdays, and Wednesday’s failure is a reminder that this market is still a bit on the ropes. Weather is cooling and wetter and that will alleviate any late concerns about beans. Cattle recovered but unlikely we’ll stick around too much longer, as we…


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Max bounce on wheat is 540.50 or 546.50

FOR TUESDAY: (8/14) While farm prices eroded on follow-through selling from USDA’s bearish corn and soybeans estimates Friday, stock values around the world fell on spreading concerns about the financial crisis in Turkey, where the lira made a new all-time low. Rains are headed to the southern Plains and Midwest over the next week as…


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Grains cycles look mostly lower this week

FOR MONDAY: (8/13) Never got the spike higher to get more shorts on but we’ve been hedging early. Grains cycles look mostly down for a week now, and the reality of the crop size and condition may continue to impact the market. Will be difficult to get new positions on but we’ll see what we…


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Cycles suggest grains rally

FOR FRIDAY: (8/10) Another USDA report day. Cycles suggest a rally and usually these reports need to be sold and are key turning points. Grains look clearly lower next week and profit-taking will set in. The worst of the cattle fall should be over and we see a one-week recovery. Hogs put in a key…


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Cycles for Friday’s report look friendly

FOR THURSDAY: (8/9) Markets are often choppy before the USDA report, and that makes trading tricky as you have to get in and out every day. So far, we’re justified in getting out of short beans but they’re not exactly running away. Cycles for Friday’s report look friendly and chances are that any secondary highs…


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Volatile cycles ahead

FOR WEDNESDAY: (8/8) Markets are often choppy before the USDA report, and that makes trading tricky as you have to get in and out every day. So far, we’re justified in getting out of short beans but they’re not exactly running away. Cycles are volatile the next few days so probably will leave them alone.


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Corn nearing a new high

FOR TUESDAY (8/7) Grains may be sideways before the USDA report on Thursday but with an upward bias and they are very oversold so we have to wait for better levels to sell. Corn could make a new high. We have a bias toward higher grains the next few days and the weaker than expected…


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