We think packer closings are baked in the cake. Cover remaining M-G spreads.
Trading Advisories
The Swine Times 4/13 – Trade Rec
June hogs are being taken to the wood shed, we are going to lighten up by buying the June-Oct spreads back
The Swine Times 4/13 – 4/17
Continued virus concerns is shuttering the packing industry. Hog markets face monumental concerns, prices trading at 20 year lows reflect
Beyond the Spotlight: April 13, 2020 (S&P, Yen, Corn)
Beyond the Spotlight is a weekly video released on Mondays that spotlights two or three markets that may become trading opportunities for the week ahead. This enables you as a subscriber of the Trade Spotlight advisory service to look ahead with us, while potentially creating additional trading opportunities for yourself. The week’s video linked below… Read more.
Trade Spotlight: Futures – Weekly Summary: Bean Oil, Cocoa, Pound
Stopped out of the Natrual Gas position. Working an order in the Cocoa futures market.
Turner’s Take Podcast: April WASDE Bearish
I am working from home while IL has a Stay at Home order in effect until April 30. My office cell is 312-651-4621. My office phone 312-706-7610 will roll over to my cell phone if you call my trade desk. This week we talk the April WASDE, what to look for in the May WASDE, and the latest from OPEC and crude oil production cuts. Make sure you take a listen to the latest Turner’s Take Podcast!
Turner’s Take | WASDE Hikes Grain & Oilseed Stocks
The April WASDE was bearish against expectations but the market had been looking for higher grain and oilseed stocks across the board. Looks a lot like “sell the rumor, buy the fact” to me.
The Swine Times 4/5 – 4/9
Markets are nearly limit up as shorts cover, we think its a fade.
Beyond the Spotlight: April 6, 2020 (Pound, Bean Oil, Cocoa )
Beyond the Spotlight is a weekly video released on Mondays that spotlights two or three markets that may become trading opportunities for the week ahead. This enables you as a subscriber of the Trade Spotlight advisory service to look ahead with us, while potentially creating additional trading opportunities for yourself. The week’s video linked below… Read more.
Trade Spotlight: Futures – Weekly Summary: Cocoa
Stopped out of the Natrual Gas position. Working an order in the Cocoa futures market.