On The Grains: **** NEW RECCO Day 3: Feeder cattle sellers are advised to hedge 25% of expected marketings if August feeders can rebound to $153.75. NEW RECCO Day 2…
On The Grains: **** NEW RECCO Day 2: We are lowering our target for feeder cattle sellers to hedge 25% of expected marketings if August feeders can rebound to $153.75….
On The Grains: **** NEW RECCO Day 1: We suggest those selling feeder cattle to start hedging feeders if the August contract can recover to a 62% retracement to strong…
On The Grains: **** NO NEW RECCOS Soybeans led overnight follow-through from Tuesday’s rally with double-digit gains. We saw a single day Monday where longs wanted out and few wanted…
On The Grains: **** NEW RECCO FOR CORN DAY 3: Set a target for July futures at $7.68 to take sales to 75% in the cash market. No new crop…
On The Grains: **** NEW RECCO FOR CORN DAY 2: You should be two-thirds sold on old crop on prior advice. We’ll call it 67%; leaving 33% left to sell….
On The Grains: **** NEW RECCO FOR CORN: You should be two-thirds sold on old crop on prior advice. We’ll call it 67%; leaving 33% left to sell. Set a…
On The Grains: **** NO NEW RECCOS:Beans led the way in overnight trade with double-digit gains. Corn was firm as well but the wheat complex was steady to mixed, either…
On The Grains: **** NO NEW RECCOS: Overnight trade went back and forth from plus to minuses but show modest pluses across the board as this is written. Ironic, but…
On The Grains: **** NO NEW RECCOS: There was no particularly bearish news breaking that caused yesterday’s sudden “reversal of fortune” where prices that had opened sharply higher just sort…
207 Main St · PO Box 229 · Royal, IA 51357