• 4 minutes USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 7 minutes Could Tesla Buy GM?
  • 13 minutes Global Economy-Bad Days Are coming
  • 16 minutes Venezuela continues to sink in misery
  • 12 hours Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 2 hours What will the future hold for nations dependent on high oil prices.
  • 20 hours End of EV Subsidies?
  • 49 mins OPEC Cuts Deep to Save Cartel
  • 24 mins Congrats: 4 journalists and a newspaper are Time’s Person of the Year
  • 54 mins How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 5 hours Price Decline in Chinese Solar Panels
  • 10 hours Permian Suicide
  • 16 hours GOODBYE FOREIGN OIL DEPENDENCE!!
  • 15 hours Asian stocks down
  • 20 hours Maersk's COO statment.
  • 18 hours Trump accuses Google Of Hiding 'Fair Media' Coverage of him
Alt Text

Lithium Plunging As Chinese EV Production Slows

China’s electric car subsidy changes,…

Alt Text

As Diesel Dies, One Commodity Is Crashing

Platinum futures plunged to 14…

Alt Text

Miners Are Looking To Ramp Up Lithium Production

Lithium prices have withstood all…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Trending Discussions

This Crop Could Be Your Big Winner This Year

Since the is an absolute dearth of things to do right here, I want to reiterate my call to buy soybean meal (click here for original call).

This morning, the US Dept. of Agriculture USDA released its acreage report showing that planted corn was up 2%, wheat is down 8%, cotton jumped 19%, and soybeans up 2% to 59.3 million acres, an all time high.

My logic here is to pick the crop with the worst news already priced in. If perfect conditions continue, you break even. If they don't, prices soar 30% or more.

This is the kind of risk/reward ratio that I am always searching for. Soybeans are also the most directly affected by a canola crop in Canada that is in big trouble because of torrential rains.

The one year charts of all the ags are starting to draw in a lot of technically driven traders.

If things don't work out, you can always take delivery and eat your position. Try doing this with gold!

The new grain ETF's still isn't out yet, so futures on the CBOT (SM.U10E) are the only pure play.

To learn more about this least understood corner of the financial markets, visit the USDA's well put together website at http://www.usda.gov/  .

It will also show you how to grill hamburgers on the fourth of July without getting sick, a real bonus

Grain Futures

Courtesy: Mad Hedge Fund Trader




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
-->