Runaway Grains, Never Coming Back

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Looks like this corn crop is toast, and the other grains could be in trouble too. High input costs (diesel, fertilizer, etc) are really hammering farmers and their motivation to replant crops this late in the year. I ponied up for a wheat and a corn contract last night. A little bummed I got into […]

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Nice simple breakdown of 3 of our favorite softs – coffee, cocoa, and sugar – by the folks at Money Morning. I did not realize the coffee harvest is looking so good – suppose that’s why coffee cannot break out of it’s range. Same with cocoa – I have been avoiding due to the sharp […]

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Have to admit – I’m a bit frustrated with the weakness in the meats, especially in the face of this grains rally. Doesn’t seem to make much sense, and I can’t see a scenario where meat prices are not higher in 6-12 months. This livestock report helped calm me down – it looks like farmers […]

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Alright back in the saddle here. Was attending my 5-year college reunion past 4 days – man did I miss some crazy action on Thu/Fri. Back this week and we’ll try to figure out where these crazy markets are heading! Open Positions Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss 05/21/08 […]

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You know, I wish I had something interesting or insightful to say. Last week sucked, and I’m just glad to be out of my losing positions (silver – ouch, pork bellies – rallied since, of course). Did a bit of thinking, and it’s probably time I start following my own advice. Keep position sizes manageable, […]

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Good piece by Christopher Laird on the ongoing inflation/deflation battle. I found this bit particularly interesting: There is a report that 25% of the world wheat crop is at serious risk of a new virulent wheat rust that chokes the wheat before it comes to head. (Mid-East to Asia). The US has its own concerns […]

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Video link Notes: Invest in Asia/China Dollar sucker’s rally will continue, but he doesn’t want to own a single dollar this time next year Surprise for oil will be how high the price goes, and how long it stays high Believes American Central Bank will disappear within the next decade or two

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Cattle’s looking good – I’m keeping an eye on the Feeder market also. Wish I still had all my Live Cattle contracts, but oh well – looking to add on a new breakout. Pork bellies are not looking good – same article linked above mentions too much supply on the market. Quite a breakout by […]

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