Hogs seem up into Wednesday.

FOR MONDAY: (4/3) Short-covering on corn likely to continue at least one more day and maybe two and that should pull beans up. Not interested in buying wheat but it will be a sale if 452.75 comes in. Cattle due for short-covering on Monday and hogs seem up into Wednesday.


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Market often lower after the March acreage report

FOR FRIDAY: (3/31) Patterns on all the grains suggest one more low and then short-covering into the end of the week and the USDA report. Will it happen on Friday at the report announcement? Starting to seem that way. Stats often have the market lower after the March acreage report. Continue to take profits on…


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Grain patterns suggest one more low

FOR THURSDAY: (3/30) Patterns on all the grains suggest one more low and then short-covering into the end of the week and the USDA report. Will it happen on Friday at the report announcement? Starting to seem that way. Stats often have the market lower after the March acreage report. Continue to take profits on…


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Hogs look almost done

FOR WEDNESDAY: (3/29) Patterns on all the grains suggest one more low and then short-covering into the end of the week and the USDA report. Unclear whether it will happen. Rallies were not very strong or meaningful on Tuesday. Continue to take profits on shorts and scalpers can do a light long, and market does…


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Short-covering into USDA report

FOR TUESDAY: (3/28) Patterns on all the grains suggest one more low and then short-covering into the end of the week and the USDA report. Continue to take profits on shorts and scalpers can do a light long, and market does look higher after the report into early next week. Cattle may have 1-2 more…


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Still not willing to bottom-pick

FOR MONDAY: (3/27) We can be short grains into Sunday at the latest and expect that they will rubber-band bounce next week. Will have to move stops down over the weekend and look to take more profits and tighten stops. Not willing to bottom-pick and not sure how much of a bounce we will really…


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Wheat still has a long way to fall

FOR THURSDAY: (3/23) Cattle should pause after rallying parabolicly and fall $2-3 dollar off of opening highs. Wheat still has a long way to fall and beans need to catch up. Cold storage was bearish and we fell better selling looking for lower prices into next week.


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Waiting a hog rebound to sell

FOR WEDNESDAY: (3/22) Grain cycles are still weak into Friday but beans are not collapsing like wheat. Cattle are also holding up better than expected but should start unraveling at Thursday the latest. Waiting a day for a hog rebound to sell by Thursday.


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Hogs still too iffy to sell

FOR TUESDAY: (3/21) While we were in early, our bearish orientation on the week is finally showing its colors and we feel good being short all week. Cattle continues to show signs of failing and we can jump into shorts and see how far they fall into Friday. Hogs are still too iffy to sell…


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