Ag trade ideas

Fwiw, when I wrote the above post, temps across the US were normal, and forecast to be that way too.
For real. I think it was actually pretty cool that day. I had no idea a week and a half later, the entire friggin' country would be broiling.

I only post this just in case one of the ET smart-asses comes on here later and calls me "master of the obvious". That is totally not the case. I would never have written that if it was already 90 degrees everywhere. Or even forecast to be such.
The birds appear to be right so far though.

Either way, don't thank me, I learned it, or was told it, by a very wise old man who's long gone now.... but he sure knew more than most. He made his living off the land. Sometimes way under the radar.
 
Last edited:
Am long term short in Wheat, however there are times I will hedge open profits when pullbacks due to happen. 2 small breaks of pivot lows gives a rounding affect, so breaking of inside bar today, calls are bought anticipating rally and if hard rally occurs, more shorts are placed then calls are lifted.
 

Attachments

  • Screenshot_20220726-160129_Barchart.jpg
    Screenshot_20220726-160129_Barchart.jpg
    542.3 KB · Views: 37
...

Either way, don't thank me, I learned it, or was told it, by a very wise old man who's long gone now.... but he sure knew more than most. He made his living off the land. Sometimes way under the radar.

The trees are speaking now. Hopefully the Autumn wheat harvest will be good!

 
Not sure about wheat, but word around the campfire.... the corn harvest is gonna be big af.

Looks like corn jumped a bit after our posts, but no big whoop in grand scheme of things thus far. I don't know when the harvest completes and the USDA gives their final crop report for the season. I don't have a Beeks. :)
 
I'm glad I am not the only one. I opened a long future + protective put in the Z19 (but puts expired on 06-Sep) when CC fell to around 2350 in early Aug, cos I thought it was oversold. Of course, the commodity continued to fall and fall for a consecutive 15 odd days. I had to close out last Fri for a big loss.

I think CC is a good trend following underlying, but it's not the trading technique that I have used much, so maybe I need to change my strategy on this.

Idiot bought a synthetic put. Wife says hi. Pure champion stuff, here.
 
Back
Top