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I am enjoying the fact that the soy is back above $9.00 march forward. This is important. The current price plus the US one time payment of approx $1.60 bolsters the balance sheet. I believe the market (soy) is historically way overpriced. Given the carry, domestic and global, this is high priced. I believe the market will start to suggest to the producer to look at renegotiating rents, costs, etc, if a profit is not in the years plan. Gross revenue has gone up exponentially over the last decade. As have costs. Granted. Its time to look at everything. In my opinion we are entering, or have entered, a growth phase globally. The production will not slow, but demand may very well be. My main point, make sales on this rally. A Trump deal may be buy the rumor, sell the fact. The products; oil share gained today. In my opinion, we may be on a shift. Record beans + record meal. The stocks situation will be a burden. Rallies in my opinion will be an opportunity.

The corn and wheat were both up. What do you know. The Black Sea concerns may be helping finally. The US balance is a positive. The demand remains healthy with the US the cheap price. This has not made corn rally yet. Will the calendar help ? Will this be different ? I really cant say.

To discuss long term opportunity 800 993 5449 orjwalsh@walshtrading.com

BE NOT AFRAID OF GREATNESS, SOME ARE BORN GREAT, SOME ACHIEVE GREATNESS, OTHERS HAVE GREATNESS THRUST UPON THEM WILLIAM SHAKESPEARE

BE WELL



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About the author


John Walsh, President, Walsh Trading, Inc.

John began his career in the futures industry in 1986 at privately held firm, Barnes and Company. Barnes and Company was known for its presence at the Board of Trade, particularly in the agricultural sector. From Barnes, John held positions at the privately held firm, Argus and then at Continental Grain. During his time there, Continental Grain was one of the largest clearing firms in the world. Continental Grain had, and continues to maintain, extensive holdings in the cash cattle, poultry, swine, and agriculture industries. At Continental Grain, John had various responsibilities including working for the Options Group and the Risk Management Group where he serviced clients located all over the world.

 

In 1996, John left Continental Grain to found Walsh Trading, Inc., currently a registered Independent Introducing Broker (IIB) and an NFA member with the ability to clear at multiple, futures clearing merchants at the benefit of its clients. John’s focus at Walsh Trading has been on hiring and cultivating talented individuals and building relationships throughout the industry. Walsh Trading services some of the largest companies in the world, in their respective fields, as well as individual investors with a commitment to always putting the needs of its customers first.

 

John trades all markets, but concentrates his efforts in the agricultural sector, more specifically in the relationships revolving around the soybean crush. His trading methodology is based on fundamentals and a personally designed technical system.

 

Contact John
Phone: 312-208-8837 or 800-993-5449
Email: jwalsh@walshtrading.com

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