Monthly Archives: August 2012

Position Update- Protect profits from recent shorts

Dow futures tested the 13,300 level 2 days ago in anticipation of easing or dovish comments from the fed.  I am not calling this a

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Post USDA Gyrations

Its 11AM in Chicago.  Corn down 8 but it had been down 23 earlier.  Wheat down 13 but it had been down 23 as well. 

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USDA holds few surprises

Corn yield was lowered to 123 bushels to a 10.7 Billion Corn crop.  Bean yield 36,  2.6 billion bushel crop.
Bullish number.  We had a 30

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Monday 8/6/12 2:45 PM


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Soybeans correct 50 cents lower= take profits on shorts

SX is down 43 cents as I write this at 9:44.  Overnight we were as much as 50 cents lower. 50 Cents is $2500 a

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Street likes 8.3 and 163K jobs—

Expectations were for 100K new non-farm payrolls jobs.  We got 163K   a nice surprise.  Looks like people were betting on a bearish number, so you

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