Ag trade ideas

I grew almonds for a living...A lot harder that people think.

"What do you mean I need to pick up my irrigation water at 3am"!!

 

https://www.bnnbloomberg.ca/cargill...hat-rattled-the-london-cocoa-market-1.1945386

 

https://www.dtnpf.com/agriculture/web/ag/news/article/2023/07/28/half-sales-generate-bullish-soybean

 

https://www.bloomberg.com/news/arti...-hide-aging-beans-for-the-last-time#xj4y7vzkg

 

Corn, Soybean futures fall to three year lows and then rise on short covering
https://www.foodbusinessnews.net/articles/7-corn-soybean-futures-fall-to-fresh-three-year-lows

 

Rise? That’s funny

 

It looks pretty weak for a typical short covering rally. Downtrend ain't over. It looks like it'll roll right over.

 

Yes, the balance sheets are heavy for ags lately. It can go lower.