Market Analyst for CHS Hedging, Inc., a subsidiary of CHS, Inc. Specialize in trading Grain and Livestock futures and options.
Country Hedging Morning Highlights Wire. #grains
Past 45 Days % of Normal Precip in N-China Plain. Drought concerns picking up but still a ways til spring planting
Country Hedging Afternoon #Livestock Wire #meats
Country Hedging Morning Highlights #grains #agchat
Brazilian #soybean basis in the March position. Red line is 2012. A little blurry.
Paris #Wheat showing similar tech setup to SRW. Latest leg up came within E1.0 of tracing 100% of 12/9-1/3 rally
#ES showing potential for bearish diverg in mo from the 240m; Minor risk parameter at 1296, but big dog at 1272.00
#CRB-Index showing potential for a bearish divergence in momentum from a daily scale. Trade below 306.83 confirms.
P&L graph for a Dec '12 3-way selling 450P and 650C while buying 550P. Current cost ard $400/1 lot. B/E at 5.52
Dollar Index probing into what should be solid support from former resistance turned support at Oct/Nov highs.
P&L Graph for a 3-way selling the Dec #corn 450P, buying the 550P and selling the 650C. Current cost abt $750/1 lot
#Dollar Index reversal near upper range cap of 2011 of definite concern. Strong potential for bearish divergence
Nearing huge support in Spring #Wheat at $8.02. Has held for over a year. Spreads weak. Volume up. O/I down.
Hourly of Feb Live #Cattle. So far holding the 50% retracement of the 12/16-12/23 rally. Volume, O/I up on decline
Labor Force Participation Rate since 1984.
Past 45 Days % of Normal Precip (Nov 22-Jan 5) in South America. #MDA #EarthSat #Cropcast
Midday GFS update for the 6-10 showing wetter C&NW-Brazil; Cooler S-Brazil and E-Argentina. #MDA #Earthsat
Recent decline in March #Euro has traced 100% of 8/29-10/4 decline. Bullish divergence in mo. Fund shorts above
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