The last time we had a perfect storm situation to buy grains, we had a monster rally in both corn and beans. We are now in a similar situation, with the recent surge in Nat Gas affecting fertilizer prices. Weather in Brazil is problematic and China is struggling to produce grains locally...We are once again nearing a situation where reward to risk for buying into...
Landscape in the agricultural sector could not be much more favourable for Kernel than it is nowadays. Grains Price Index is at its highest level since 2013 and the company has managed to fix most of its sale prices for the 2021/2022 season. According to the U.S. Department of Agriculture, global grain yields in 2021 will be remarkably high mostly thanks to the...
Median Reversion Opportunity:
Scaling into this market short on productive weekly/monthly highs
Buyback productive weekly/monthly lows
Targeting 350 to exit short position
Good luck to me!
How far north do you think Oats are headed?
As September began last week, the markets are nervous. Stocks have seen some pretty awful seasonal price action in September and October. Crashes occurred in 1929, 1987, and 2008 in October.
Commodities are highly seasonal markets. Some commodities typically reach seasonal highs and lows during various months of the year. Futures prices ordinarily reflect...
The inflation trade is not over. People's lives, in particular in the US, are about to deteriorate significantly. Or rather improve, with food getting more expensive and people forced to live more simple lives, more in touch with nature. The official measures and consensus will say deteriorate.
Traders positions have bottomed in the strict sense, with the price...
BG long term plan - short in Sept-Oct 2021 at 95 area. Expect to see -80% downside from peak to low. Looks like commodities won't be feeling well in 2022.
With all the drama of last year and many areas locked down, one of the big sufferers was agriculture. Much of last years yields went to waste and panic buying occured. Which I'd guess also went to waste for the most part.
As you can see on my chart I'm expecting a sizeable pullback in price before the event, which is completely normal.
let it collect the orders...
Commodity prices are still going, several commodities have gone past all time highs, such as Palladium, Lumber, Steel...
And grains are also going up very strongly, Corn hit an 8 year high after 6 years of price stability, and they're all not far from ATH.
Corn imports have fallen as buyers are put off by the high prices (they are going against the trend, what if...
Bulls exhausted the bears finally.
I got kicked out of soybeans and missed buying corn at the bottom of the triangle by little, I was too slow to decide and to look into it I think.
Commodities are going up. Gold not so much, investors are not interested.
But metals used in the real world, prices are all going up.
Today...
Corn probes above $6 for the first time since 2013
Farmers will favor beans
Keep an eye on gasoline and ethanol prices
Corn continues to pop going into the planting and growing seasons- It’s all about the weather
Backwardation as the market has high hopes for 2021 output
In late April 2020, the corn price fell to its lowest level since 2008 when the...
This is the type of inflation that the masses ignore, that happens while they cheer at Chavez stimulus checks.
Look at images of Venezuela 15 years ago, so many smiles, so happy crowds.
While Germans were carrying buckets of cash and starving actually farmers were doing pretty well, they profited greatly.
Probably for similar reasons the clueless revolutionaries...
Check my related idea. Daily cycles that fuelled the recent move top somewhere around the 22nd of January and the longer term cycle is down till late February. All upside price targets have been reached and it's time to take profit and consider short. To see real weakness wheat has to close below 650.
Read the previous idea on copper, same style but with wheat. By Jan 22nd expecting a cycle top and a price target of 660, cycle low on Feb 16th with a target of 575.
*Futures trading involves a substantial risk of loss and is not suitable for all investors.
