Educational and Actionable Information using Fibonacci and W. D. Gann analysis
Oliver Sloup's explains how hedgers & speculators can use weekly grain options to navigate the ebbs and flows of volatility.
Wheat prices ended the last trade day of the week with losses. Chicago wheat futures gave back 2 1/2 to 4 1/4 cents across the front months on Friday. KC HRW prices settled with 7 1/2 to 8 cent losses...
The soymeal market rallied to new contract highs again on Friday, as the beans and soy oil dropped into the weekend. Soybean futures closed fractionally in the red for new crop, but 1 1/2 to 2 1/4 cents...
Friday corn futures ended the day with fractional to 2 1/4 cent gains. For the week, March corn was 5 1/2 cents lower but Dec corn was up by 8 3/4 cents. That has the discount to new crop at 81 1/2 cents...
In my opinion, the divide between reality and optimism continues to grow. Optimism leading the way this week as futures pushed higher in both fats and feeders. Reality seemingly just sitting still....
Tripp got to dress up like a literary character at school yesterday. He decided to repurpose the (gigantic) Case IH combine Valentine’s Day box he constructed last year and throw on some bibs and a flannel...
The midday wheat market is working in the red so far but prices are off their lows. CBT SRW futures are down 4 to 5 cents at midday. KC prices are working 7 cents in the red so far. Spring wheat futures...
