nah - WEAT is longer term idea, remember it hasn't even broken
out of the weekly wedge yet, aa I've said it could pullback again
inside the wedge, I don't own a full position yet, I will add on a
good break, I have a starter that I bought a few weeks back. But it
hasn't done a lot, it moved from low 4's where I bought it to 4.38
and has pulled off that high
CORN I haven't been following, otherwise logical pull off the
200 day MA. Again I have not really looked at CORN in months.
Otherwise a quick observation is it stalled at the 200 day MA for
now on the first test (that's normal) on the daily time frame best
for the bulls if it can stay above the 50 day MA now or at least
above that 17.2 higher low from back in mid Oct, that of course is
well below the 50 MA
again falling off a cliff is a bit overdramatic for those, they
are not high beta movers, though a 1.5% for them in one day
is a big move for them because they don't typically move much
Corn and Wheat just fell
Posted by oatdust on 14th of Nov 2025 at 12:29 pm
Corn and Wheat just fell off a cliff, any news ?
nah - WEAT is longer
Posted by matt on 14th of Nov 2025 at 12:34 pm
nah - WEAT is longer term idea, remember it hasn't even broken out of the weekly wedge yet, aa I've said it could pullback again inside the wedge, I don't own a full position yet, I will add on a good break, I have a starter that I bought a few weeks back. But it hasn't done a lot, it moved from low 4's where I bought it to 4.38 and has pulled off that high
CORN I haven't been following, otherwise logical pull off the 200 day MA. Again I have not really looked at CORN in months. Otherwise a quick observation is it stalled at the 200 day MA for now on the first test (that's normal) on the daily time frame best for the bulls if it can stay above the 50 day MA now or at least above that 17.2 higher low from back in mid Oct, that of course is well below the 50 MA
again falling off a cliff is a bit overdramatic for those, they are not high beta movers, though a 1.5% for them in one day is a big move for them because they don't typically move much
Trump reduced tariffs on several
Posted by oatdust on 14th of Nov 2025 at 06:45 pm
Trump reduced tariffs on several agricultural products today.
May be reason for mid-day weakness in DBA and other related stocks...
Is the 4.20 stop on
Posted by dakotadj on 14th of Nov 2025 at 01:21 pm
Is the 4.20 stop on WEAT on a closing basis?
OK, thanx. Just looked at
Posted by oatdust on 14th of Nov 2025 at 12:41 pm
OK, thanx. Just looked at chart and it fell about 1.5 % in about a minute
Hopefully US will get some trade deals with foreign governments to provide relief for struggling farmers.