Kaden Sweeney

Believer | 7th generation IL farmer | Hedging Strategist with @AgMarket_Net | U of I grad | Opinions are my own and should not be taken as trading advice

[Kaden Sweeney @officialsweeney]

It’s been a long time coming but today I can finally say I’m officially a licensed broker with @AgMarket_Net. I can’t thank @chief321 & his team enough. 12 year old me riding in a tractor & listening to Matt on the radio wouldn’t believe he’d end up working with that guy someday

[Kaden Sweeney @officialsweeney]

@SoybeanTrader88 @AgMarket_Net Ha I think we can work something out

[Kaden Sweeney @officialsweeney]

Phantom yield loss test that we ran this fall. Same variety, everything identical except being harvested about a month apart. 26 dry bushels difference

[Kaden Sweeney @officialsweeney]

Big shoutout to @Bkitch1Bodie - I messaged him last week asking if he had any BioBoost Corn left. He said no but let me do some looking. Fast forward and we have 2 pails on hand thanks to @MeeceUPAgronomy. Excited to split the planter and see some side by side data @bw_fusion

[Kaden Sweeney @officialsweeney]

@chief321 @jacob1020 We can’t all have two teams and root for whichever is better at the time

[Kaden Sweeney @officialsweeney]

@ottoscholl This will age well a year from now. Wow

[Kaden Sweeney @officialsweeney]

Take the over on IL bean yield

[Kaden Sweeney @officialsweeney]

Update

[Kaden Sweeney @officialsweeney]

Nov-July bean spread currently at its highest level for this date over the last ten years

[Kaden Sweeney @officialsweeney]

Nov-July bean spread currently at its highest level for this date over the last ten years

[Kaden Sweeney @officialsweeney]

Short dated July corn straddle at the money is trading at 40 cents with four trading days to expiration

This is a time capsule tweet

[Kaden Sweeney @officialsweeney]

Nov beans - weather matters most but this white line along with the 200 day at the same level is an interesting area

[Kaden Sweeney @officialsweeney]

Each of the past two years, Dec #corn put together a two week rally at the beginning of June.
In both years, the peak of the rally turned out to be the high for the rest of the contract

[Kaden Sweeney @officialsweeney]

Really like the look of May corn here as long as we don’t stall out and reverse. A failure here would suggest a pretty clean double top pattern projecting back down to the lows at 6.10

[Kaden Sweeney @officialsweeney]

#Plant23 cmon

[Kaden Sweeney @officialsweeney]

@BJSplitt Only twice since November have May beans closed below the 20 day EMA and not taken it back the next day. Today looks to be number three, although I am more interested in tomorrow's candle than today's

[Kaden Sweeney @officialsweeney]

Dec Corn: Rallies of 2008 vs 2012 vs 2022

Past performance is not indicative of future results

@AgMarket_Net

[Kaden Sweeney @officialsweeney]

@Honn_2 We ran into that in 2020. It’s a good year to have it

[Kaden Sweeney @officialsweeney]

Last 5 years Sep WASDE bean yield adjustments from Aug report:

2021: +0.6
2020: -1.4
2019: -0.6
2018: +1.2
2017: +0.5

Avg absolute value of move: 0.86 bushels

*Past does not indicate future*

[Kaden Sweeney @officialsweeney]

Last 5 years Sep WASDE corn yield adjustments from Aug report:

2021: +1.7
2020: -3.3
2019: -1.3
2018: +2.9
2017: +0.4

Avg absolute value of move: 1.92 bushels

*Past does not indicate future*