Markets Now Agweb video: @jonscheve says #soybeans, #corn firm as farmers store await trade aid/#China deal, lack of fund selling. How is the trade war different than 2018? Are yields really dropping or disappointing? @AgDayTV@FarmJournal@USFarmReport
https://t.co/rBeCYk1vv1
So far the high on Dec 25 corn is almost $4.80 made on February 20th. In the last 35 years February has not seen the highest price of the year on Dec corn. #OATT
80 of the last 85 trading sessions Dec corn has traded in the $3.95 to $4.25 range during the session. 2 sessions that did not trade in that range were above the range while 3 were below.
12 out of the last 33 years Dec corn made the yearly low in November. Will the August low of $3.85 hold? History says there is a 36% chance it will not.
#oatt#corn#grainmarketing
Markets Now podcast: #Corn and #soybeans try to bounce after a lower start. @jonscheve says the #grains have had a quick correction off the highs and are looking for direction. What does that mean for marketing? @AgDayTV@FarmJournal
https://t.co/CHWG1akCiG
Using options and capturing the carry in the corn market this year leaves me with futures sales that are essentially $5.90. Here is how that worked: https://t.co/gjzVV7VdnM
Get in here! Let’s talk about hypothetical trades to try to capture Carry and play the basis game with @jonscheve and @cb_catt plus #Gingers trades at https://t.co/5ExF4K3JYj.
https://t.co/vRkVFVleoC
This marketing season I used put options to give me a guaranteed floor value on my corn. The weather this past summer could have sent corn prices to $8 or $4. This article details how and why I went about finishing up my 2023 corn futures sales. https://t.co/qchnfpeFm9
Here is a article I wrote over the weekend detailing why I like margin calls and why a producer who is hedging should NOT fear them. https://t.co/pOvzcxB9m0
I am often asked why I hedge my grain using a futures account instead of using HTA (Hedge To Arrive) contracts with an end user. Following are some of the pros and cons. https://t.co/9Fw3LI1rYt
Come join us. Grain Market Discussion on cost of carry, WASDE, free DP? (Is it really free)
Special guests @cb_catt and @jonscheve Agent 6 and 170 of https://t.co/5ExF4K3JYj carry the discussion.
https://t.co/hXP7NDVqJL