click here http://www.usda.gov/wps/portal/usda/?navid=AGENCY_REPORTS&navtype=RT you also got some big news coming up...will effect Grains...note this...
noting tomorrow as consolidating day ahead of big news thursday...click here http://www.usda.gov/wps/portal/usda/?navid=AGENCY_REPORTS&navtype=RT
Been short July wheat for 3 weeks, short November soybeans for 7 weeks, short December soy oil from the same period, short December soy meal for 6 weeks, long July soy oil, short July soybeans for 7 weeks and short July corn for 3 weeks. All with really tight stops in profit. That is the advantage of living in the center of a farming community, owning farm land, listening to the locals, driving the area, having Ag friends all over the U.S. and having the ability to read charts. The short call is good for all but oil and be careful this far into these moves, they could extinguish quickly. Well done.