November 29, 2022

I think this is a great combination of time and leverage. Units of 1 each here costs $3036, and the bet being that these two markets WILL get cracked for the same large percentages that we have already seen in so many other commodities. Both of these markets are entering the heart of their harvests…Not to mention that South America is now moving toward massive plantings of Corn and Soybeans…my point being, “shortage” should no longer be part of the analytic jibber-jabber here…And THESE ARE HISTORICALLY EXTREMELY HIGH PRICES…that is, they both DO have a LOT of room to go somewhere on the downside.

I think ANY day now is where they both start collapsing, potentially in the same way did back in June…when there wasn’t a bearish word anywhere on the planet…

Call me if you want to know more.

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, Soybean Oil