Weekend Grain comment
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Started by bcb - Jan. 9, 2023, 2:49 p.m.


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        


                                                                                      Corn 55

                                                                                      Bns 49.5

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.

Follow me on twitter also

Be Safe

By metmike - Jan. 9, 2023, 10:03 p.m.
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Thanks bcb!