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Summer Solstice Score Card

6/21/2016

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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. 

2016 Soybeans

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.
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2017 Soybeans

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. 
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2016 Corn

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. 
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2017 Corn

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. 
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Steve Wade and Tyler Wade of Wade Assurance are associated persons for AgDairy LLC.

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The risk of loss in trading commodity futures contracts can be substantial.  You should, therefore, carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

Wade Assurance is an equal opportunity insurance provider.
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Steve Wade
swade@wadeassurance.com
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  • Home
  • Speculation
  • The Pit
  • Resources
    • Futures Contract Specs
    • Tools
    • Terminology
    • Past Trade Performance
    • Crop Overview >
      • Corn
      • Soybeans
      • Wheat
      • Supply/Demand Factors
    • About
  • Disclaimer