Class III Milk (DC/DA) traders' view?

[Phoenix_colossal]

Have been long a few contracts since $15 range, smooth ride to $24~$25. But it has been going sideways since mid-March. Wondering if it is going to turn soon. I am in Aug/Oct 22 contracts. No idea about fundamentals since I am just trending following with TA.

 

[Overnight]

Have been long a few contracts since $15 range, smooth ride to $24~$25. But it has been going sideways since mid-March. Wondering if it is going to turn soon. I am in Aug/Oct 22 contracts. No idea about fundamentals since I am just trending following with TA.

OMG a milk future trader. @TraDaToR Get over here, this one's for you! Woohoo! Love dem funky contracts!

 

[maxinger]

It is almost at the record high

it has gone from 16 to 24 in just a few months.

good profit mister.

 

[BKR88]

Dan Schindler remains bullish on the fundamentals for now.
Just received his quarterly analysis on Apr. 18th.
I've been in his dairy program for ~15 years.
https://www.iasg.com/en/groups/schindler-capital-management-llc/programs/dairy-advantage-program

 

[CannonTrading_Ilan]

Low volume market but much better than it was 15 years ago...Sharing weekly chart

 

[Phoenix_colossal]

ok, most of my strats hit exit in the past few days, only 1 Aug contract hanging on. It has been a good run.

 

[Handle123]

Today was excellent day for me to short highs in July contract, I don't do fundamentals, just adding onto position. Milk just too high.

 

[Phoenix_colossal]

Today was excellent day for me to short highs in July contract, I don't do fundamentals, just adding onto position. Milk just too high.

Hope you are right. Mine switched to short (August) a couple of days ago, and it is going up ever since.