is it time to BUY some grains?

[increasenow]

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...

 

[Il Principe]

Quote from DrEvil:

My thinking on this. Get long Wheat and hedge your risk by going short Cocoa. I'm already in this trade.

Short LDN or NY cocoa?

 

[increasenow]

Quote from increasenow:

you do know that Soybeans is heading for a break south through 9.3000 and below...I am looking for a good short entry tomorrow

confirmed...did not get in as drop happened right at days end...

 

[increasenow]

Quote from increasenow:

confirmed...did not get in as drop happened right at days end...

noting tomorrow as consolidating day ahead of big news thursday...click here

http://www.usda.gov/wps/portal/usda/?navid=AGENCY_REPORTS&navtype=RT

 

[grg03002]

how is cocoa a hedge for wheat?

 

[dblumie]

Anyone know why the ZSQ0 - ZSX0 (Aug/Nov bean spread) is up so much today?

 

[increasenow]

huge day tomorrow for Grains http://www.usda.gov/wps/portal/usda/?navid=AGENCY_REPORTS&navtype=RT

 

[ProfLogic]

Quote from increasenow:

huge day tomorrow for Grains http://www.usda.gov/wps/portal/usda/?navid=AGENCY_REPORTS&navtype=RT

Thanks, already in.

 

[increasenow]

Quote from ProfLogic:

Thanks, already in.

short I hope...?

 

[ProfLogic]

Quote from increasenow:

short I hope...?

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.