2-18-23

Monday 20th President's Day

Grains closed/ Reopen for night trading

Fri 24th

Cattle On Feed report

Cold Storage

March options expire

Mid week or Thurs US AG Forum will release their 2023 acreage numbers

Could move the market or at least spreads.

Insurance est Dec Corn/595 and Nov. Beans 1373.50

CZ / SX ration 2.326 vs. last week 2.313

4 week avgs

CH 674.75    CZ 591.25    SH 1516.75    SX 1360    WH 755

Start of the year

CH 678.25    CZ 610.75    SH 1524    SX 1416.75    WH 792

Jan 23 / Feb 23 Range

CH 688.75    CK 686    CZ 606.00

      648.25          648.25     583.75

WH 797.50    KCWH 921.50

       712.50                803.25

SH 1555.50    SK 1546.25    SX 1415.75

       1465              1472               1330.25

Feb Lows

CH 669.25    CK 667.50    CZ 588

SH 1505.75   SK 1500.25  SX 1351.75

WH 744.75    KCWH 868     

Still holding Long  April 161 Cattle put and short 167 call at even money

Order to Buy 560 Dec Corn put and sell 660 call at even money is working.