Happy Mother’s Day to All
Wed. 12th USDA Report
Friday 14th Last Trading Day May grains
June 1st New Cattle and feeder Daily Limits
Cattle $5 and Feeders $6.25
Looking at weather IF we were in normal patterns the weather is bearish for new crop corn and beans. We will see the market action Sunday night and Monday. Market brushed away some BEAR indicators last week and thats all that counts / market action.
Would it be a shocker IF USDA report is bullish and we break cuz some rain is in the forecast?? It shouldn’t be.
Be nimble, price some grain , sell on your terms not the down turns.
Going Higher then buy some puts to leave your upside open.
Be pro active this wont go on forever.