9th Monday starts the 3 day Fund rebalance
12th Thursday USDA Report and Grain Stocks
13th Friday Last Trading Day Jan. Beans, Meal and Oil
Review Dec. Report #s
US Ending Stocks World Brz.
Corn 1.257 Corn 298.4 Corn 126
Beans 220 Bns 102.71 Bns 152
Wht 571 Wht 267.4
We must remember that the USDA kept Arg. Corn and Beans unchanged.
They should make an adjustment with a downward bias on the 12th
Dec. Corn 22 Low for the month was 623 and March High was 685
Half is 654. Plus the half of last yrs. range is 693
Support 644 and IF stops are below then 639-631.
No carry in corn...why carry old crop?? SELL and re own July if need be
for your gambling bushels.
I can help with the strategies.
Weekly Beans 13 week avg 1451.50 and 26 week avg 1443.75 and 52 week is 1529.75
The half of last yrs range 1544.25
Wht half of WZ 22 for the month is 735.50. Let's see if the support levels 735.50-728.25
hold this week.
I,m just showing some numbers before a report. Anything goes this week.
Watch SA weather the next 2-3 weeks. Rains are needed for ARG.
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