top of page
  • Writer's picturePete

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

Good News On the Jobs Front

This jobs number should ease some recession fears, although next weeks CPI will be a key indicator as we all know. Payrolls were up 372,00 better than expected with the unemployment rate remains at 3.

More Products to Manage Risk

It is incredible the products the CME Group keep developing to efficiently manage risk. Coming in October they will be releasing products that lenders and other institutional financial market users wi

CME to Launch New Lumber Futures Contract

The CME in August will be introducing a new Lumber Futures Contract that is very beneficial to hedgers. Her are the highlights... New Lumber futures and options Launching on August 8* Th


bottom of page