Hot Season for the Grain Markets + Support and Resistance Levels 6.08.2022
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Hot Season for the Grain Markets!
- ¬†Export Inspections¬†released at 10:00am Central every Monday.¬†¬†¬†they look like this¬†and can be found here
- Crop Progress released at 3:00pm Central every Monday¬†can be found here¬†https://www.nass.usda.gov/Publications/Todays_Reports/reports/prog2422.pdf
- USDA Supply/Demand and WASDE released once a month, this week it will be Friday morning at 11:00 Central¬†¬†you can find them here¬†https://www.usda.gov/oce/commodity/wasde¬†¬†and they look like this.
- Weather Forecasts!¬†¬†¬†¬†¬†Please contact a Cannon broker about how these items impact the price of the grain futures¬†you monitor and how to take advantage of or monitor and manage the inherent risks associated with positions of Futures Spreads, Futures Options, or outright futures contracts.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.¬† You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.
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This is not a solicitation of any order to buy or sell, but a current market view provided by¬†Cannon Trading Inc. Any statement of facts¬†here in¬†contained are derived from sources believed to be¬†reliable,¬†but are not guaranteed as to¬†accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own¬†judgement¬†in trading.