Imagine being done with the day’s trading 20 minutes after the opening bell…!
Quick note today…
Look at what’s on my radar — and what I’ll be digging into tomorrow on Profit Panel. (register your spot here FREE)
Grains are telling two very different stories right now.
Tuesday’s World Ag Supply numbers show corn production coming in much higher than expected.
That’s got farmers crying to Congress for help on prices — and for good reason. Oversupply has been hammering the market.
But soybeans? Whole different picture.
Acreage is much lower, which means we’ve got less supply coming — and that’s got beans and soybean oil heading higher.
Energy’s got its own drama.
Nat Gas prices are in the toilet — too much production, too little demand.
And while that’s happening, AI companies are making moves toward nuclear power to meet their energy needs. That’s something worth paying attention to down the road.
Meanwhile crude…
Crude oil’s down on soft demand and a calmer tone coming out of the Middle East. For now, that’s taking some of the risk premium out of oil.
I’ll be digging into all of this — and what it means for traders — on Profit Panel tomorrow at 11am Eastern!
Stay sharp,
— Geof
