There has been a lot happen in the months since I began blogging again, and I wanted to summarize as best as I could how the market behaved, and what my recommendations produced. Except for the first soybean sale recommendation which was texted, all the recommendations are documented on this blog.
I never meant/z to blog so much about any one commodity, but soybeans have certainly provided the most material to write about. My first recommendation went out via text message on April 12 when I recommended selling 25% of your expected soybean production. A second 25% sale was recommended on April 18. No more recommendations were made until the parabola broke on June 10, when I recommended to sell the remaining 50% at $11.60.
In addition to the sales of the 2016 soybean crop, I also made a recommendation to step into the 2017 soybean crop with a 10% sale at $10.05 on June 8.
We did not make a corn sale until the market peaked on June 13 when the market reached $4.45. I recommended a 25% sale at the time. In the days that followed corn was horribly beaten up as you can see.
On June 8, I also made a swing for the fences recommendation to sell 10% of your expected corn production at $4.30. We got within 7.75 cents of that mark, but did not quite get there.