Maintained Cotton position. Entered long position in Lean Hogs only to be stopped on a break of the lower trend line.
Adjusted the stop loss higher to reduce the risk on the long Cotton futures position.
Entered into a long futures position in the Cotton market.
Its a big option expiration day in the markets, today will likely see record volume across everything. Grains and beans are on the move
Potential closing of the Mexican border gives cattle a boost. Corn gets hit by falling ethanol basis and the loss of exports to Mexico
Fed injects more liquidity in treasury market today than in all of Q1 2009. Grains hang in, equities do not
China buys…kind of.. Meanwhile yje market will shift toward harvest of ’20 as USDA Ag forum on Thurs moves focus to new crop
Brazillian weather improves, pressuring corn as it looks like planting will happen on time. WASDE is the big event, be ready for tomorrow
Ag markets are trying to bounce as the global markets retrace higher. Corn traders start to get concerned over late corn planting in Brazil
Overnight markets chop as a corrective trade sets in. Its only a calm before the storm though, Shanghai markets wont reopen until Sunday