Tuesday, June 18, 2013

USDA

There are two major reports due out on the 28th June, the grain stocks and acreage numbers.

These will no doubt be market moving numbers.

If you're looking to hold into them be prepared. Otherwise you could trade around them, or not trade at all.

Quite often we have to hold into monthly WASDE reports if we are to trade the grain spreads.

Quarterly numbers are a touch more difficult to know what to do with.

Either way it's something to consider and be sure to manage your risk accordingly.

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