June 27, 2022

 Cotton has been decimated…

And I expect something of the same in

Corn and the Soybean Complex

 
As I have repeatedly stated, ALL of the current media rhetoric out there is pretty much 100% bullish regarding commodities…and that as a function of all of the ULTRA bullish headlines…generated by crowd-following talking heads, speculative funds, brokerage house “strategists,” agricultural analysts, “experts”, etc…having become nothing but full blown, raging bullish, my experience suggests that all of these FORMER bull markets in commodities, especially the row crops, have conclusively topped, and are now in varying stages of outright collapses…as exemplified during the past few weeks ago by Soybean Oil and Cotton…

And it has happened so fast in Cotton that this contract has already hit my objectives…which at a minimum, I thought would take at least a few months…to the extent that I NOW RECOMMEND COVERING ALL SHORTS IN COTTON AND MOVING TO THE SIDELINES.

And I THINK CORN AND SOYBEANS ARE NEXT IN LINE…WITH CORN ALREADY BEGINNING (AND I MEAN, “BEGINNING”) TO LEAD THE WAY…

I am involved with all of these markets…But the Soybean Market is my immediate PRIMARY focus…

If you think I’m making sense, I urge you to call me and do something with this…Believe me,  not 1 “analyst” in a 100 was looking for 67 cent Soybean Oil, or UNDER $1.00 Cotton…and they sure as hell aren’t calling for $5.00 Corn or $12.00 Soybeans…And DO understand that when virtually ALL of the genius analysts out there ARE so OBVIOUSLY touting one side of the markets, you’d damn well better be looking HARD in the opposite direction.

These BEAR markets are just getting started…Don’t just watch this happen…

BUY PUTS. FORGET YOU OWN THEM.

Thanks,

Bill

770-425-7241

866-578-1001

All option prices in this newsletter include all fees and commissions. All charts, unless otherwise noted, are by Aspen Graphics and CRB.

The author of this piece currently trades for his own account and has a financial interest in the following derivative products mentioned within: Corn, Cotton, Soybean Oil, Soybeans