Weekly Analysis: Soybean Meal
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the weekly close of $315.70 (week of August 26). No additional coverage should be [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the weekly close of $315.70 (week of August 26). No additional coverage should be [...]
Theoretical Positions: Long futures positions established nearly the weekly close of 41.37 (week of September 16, Wave 2 low) would’ve been liquidated near the weekly close of 45.49 (November 15) [...]
Theoretical Positions: I’m losing confidence in the seasonal uptrend of the National Soybean Index (NSI, national average cash price). The NSI tends to move higher from the last week of [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the weekly close of $315.70 (week of August 26). No additional coverage should be [...]
Theoretical Positions: Long futures positions established nearly the weekly close of 41.37 (week of September 16, Wave 2 low) would’ve been liquidated near the previous Friday’s close of 45.49 for [...]
Theoretical Positions: I'm losing confidence in the seasonal uptrend of the National Soybean Index (NSI, national average cash price). The NSI tends to move higher from the last week of [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the recent weekly close of $315.70 (week of August 26). No additional coverage should [...]
Theoretical Positions: Long futures positions established nearly the weekly close of 41.37 (week of September 16, Wave 2 low) would've been liquidated near the previous Friday’s close of 45.49 for [...]
Theoretical Positions: Cash bushels could continue to be held to take advantage of the seasonal uptrend in the National Soybean Index (national average cash price). The NSI tends to move [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the recent weekly close of $315.70 (week of August 26). End users could extend [...]
Theoretical Positions: Long futures positions established nearly the weekly close of 41.37 (week of September 16, Wave 2 low) would be liquidated near last Friday's close of 45.49 for a [...]
Theoretical Positions: Those holding Nov24 short hedges could’ve sold short-dated new-crop July $11.40 put options at 43.0 cents against these positions given bullish seasonality and high implied volatility. These options [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the recent weekly close of $315.70 (week of August 26). End users could extend [...]
Theoretical Positions: It’s possible November 2024 hedges were put in place near the weekly close of $683.20 based on the contract completing a bearish key reversal on its weekly chart [...]
Theoretical Positions: Those holding Nov24 short hedges could’ve sold short-dated new-crop July $11.40 put options at 43.0 cents against these positions given bullish seasonality and high implied volatility. These options [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the recent weekly close of $315.70 (week of August 26). Given the move to [...]
Theoretical Positions: It’s possible November 2024 hedges were put in place near the weekly close of $683.20 based on the contract completing a bearish key reversal on its weekly chart [...]
Theoretical Positions: Those holding Nov24 short hedges could’ve sold short-dated new-crop July $11.40 put options at 43.0 cents against these positions given bullish seasonality and high implied volatility. These options [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the recent weekly close of $315.70 (week of August 26). Trend: Up. For now, [...]
Theoretical Positions: It’s possible November 2024 hedges were put in place near the weekly close of $683.20 based on the contract completing a bearish key reversal on its weekly chart [...]
Theoretical Positions: Those holding Nov24 short hedges could’ve sold short-dated new-crop July $11.40 put options at 43.0 cents against these positions given bullish seasonality and high implied volatility. These options [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the recent weekly close of $315.70 (week of August 26). Trend: Up. December soybean [...]
Theoretical Positions: It’s possible November 2024 hedges were put in place near the weekly close of $683.20 based on the contract completing a bearish key reversal on its weekly chart [...]
Theoretical Positions: Those holding Nov24 short hedges could’ve sold short-dated new-crop July $11.40 put options at 43.0 cents against these positions given bullish seasonality and high implied volatility. These options [...]
Theoretical Positions: End users looking to get coverage in place could’ve bought December 2024 futures near the recent weekly close of $315.70 (week of August 26). Trend: Up. Despite last [...]