• Pete

Hey What's UP?

It looks to me like the grains are a weather market right now which is very risky. I just can't believe how inflated all these commodities are. We have a relatively hot economy, high Producer and consumer price, and low rates. All should spell a rise in inflation that may prompt the Fed to change their language to one of caution regarding rates. I want to sell beans but I would have gotten hurt. Still want to be short but I think weather and the loosening of trade relations with China is going to keep prices up there. Same would true for Hogs. I would sell beans at or above 17.00 but watch it.

1 view0 comments

Recent Posts

See All

The Jobs Report was just a little under expectations. There were some bright spots though. You can get the details here https://www.cnbc.com/2022/04/01/jobs-report-march-2022-.html?__source=newsletter

The CME Group will be launching 20 Year Bond Futures March 7th see the details here: https://go.cmegroup.com/webmail/502091/1224989732/ebf2b06d9b9f415c0ba49e74fe72fcca05b716872c4dcb08a86bdcdd3eff65d9

A 6.2% spike in consumer prices is most in 30 years. Read more here https://www.cnbc.com/2021/11/10/consumer-price-index-october.html?__source=newsletter%7Cbreakingnews