2022 is not a typical year for the WHEAT. Not only it is a staple food for a big portion of the population, but after the beginning of the Ukrainian-Russian conflict, the supply of the commodity in Europe and other parts of the world is less than secure. It is expected Russia to use the wheat as a political weapon against countries that oppose its actions. That...
CF Industries Holdings, Inc. ( NYSE:CF ) Sector: Process Industries (Chemicals: Agriculture) Market Capitalization: $22.623B Current Price: $101.61 Breakout price: $109.50 Buy Zone (Top/Bottom Range): $99.80-$84.80 Price Target: $152.30-$154.00 (2nd) Estimated Duration to Target: 187-195d (2nd) Contract of Interest: $CF 11/18/22 105c Trade price as of publish...
It's a Brave New World. Fertilizer was facing a shortage going into 2022 (like most commodities, it has had a undersized amount of investment, with tech seeing most of the in flows) but after the Putin YOLO (that's my ELI5), potash is now in shortage. Using that fact as a basis for expanding my commodity thesis to include more food commodities. I picked CANE...
● Sugar #11 - ICE (SB.F) 🕐 TF: 30D Fig.1 USX lb (pound) In Figure 1 , you can see the wave count from January 2021 . A continuation of the upward correction Ⓑ with the target zone 18.04-21.27 was predicted. At the moment, the set goal has been achieved, the corrective wave looks completed. The probability of resuming the decline by the final ...
Just a brief comparison of ASX agriculture stocks against the SPY and XJO. with global food supply under stress, food supply is looking good.
March comes in like a lion and goes out like a lamb, and April showers bring May flowers. In the northern hemisphere, farmers are now planting the crops that will feed the world after the fall harvest season. Mother Nature is typically the primary determinate of agricultural products as the weather conditions determine if there will be enough supplies to feed the...
ANDE stock performing very well, having great profits since the war in Ukraine began, going to test the 55$ resistance, targeting the 60$ mark
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Note that in this daily chart, corn is approaching a bearish DMI cross. Planting season is hardly under way, so while it might be possible to scalp a few ticks from a short position, we wouldn't expect to get rich doing it. A similar setup is forming in soybeans.
The pound sterling, the United Kingdom’s foreign currency instrument, was the global reserve currency in the 19th century and the first half of the 20th century. For decades, the US dollar has been the world’s reserve currency, which became official in 1944 after a delegation from forty-four allied countries decided that the world’s currencies would no longer be...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Deere & Company ( NYSE:DE ) Sector: Producer Manufacturing (Trucks/Construction/Farm Machinery) Market Capitalization: $133.896B Current Price: $436.45 Breakout Price (hold above): $436.40 Buy Zone (Top/Bottom Range): $432.50-$421.20 Price Target: $448.80-$450.00 Estimated Duration to Target: 10-12d Contract of Interest: $DE 4/14/22 450c Trade price as of...
KRN (Karnalyte Resources) Agriculture and fertilisers are hot industries now. The chart is really overbought but I like this bull flag and will be looking for a break out of the flag for a short term trade. If the pattern is confirmed, 1st target is 1.36, 2nd target is 2.17/2.34 Initial stop loss at 0.93, then raise it accordingly. Trade safe!
High dividend stock with growing revenues (last Quater div growth +50%, revenue +50%, EPS +300%) The market for mineral assets is growing fast and is key for the future growing agriculture market
GRWG is still showing continue growth, its a key business for urbanisation and lowing carbon emsissions after a huge sell off I see a slight uptrend performing better than the nasdaq 1 Week +10% already earning profits and rising margins
I'm looking at daily chart of the price action in Golden Agri Resources E5H vs it's main product Palm Oil over a 5 year time period. Golden Agri looks to me to be one of the major producers of palm oil, and I'm pretty sure that most people have never even heard of them. To me this looks like an open jaw setup, and I believe those jaws will close. Palm oil is one...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.