Happy Thanksgiving everyone. Although it has been a very challenging year in both operating and marketing, it is a time to be thankful for Faith and Family first and foremost and friendship next. Most of you are very good friends and have been for many years. For that we are grateful.
Trump signed the Hong Kong deal yesterday at 5pm after the close and obviously someone in the market knew that during the day. However, today the news is reporting this will not affect the trade deal. Also, as we mentioned in our video this week, demand is really coming back for US corn and all domestic Ag industry groups are improving with poultry , eggs and ethanol leading the way. Normally, best opportunities occur when things are really upside down. To wrap things up, I thought you would enjoy this audio report from JSA cash-related traders. They have good perspective. I attached the report. You will hear a very smart group of guys discussing how upside down things are.
If you missed this weeks video report also talking about demand and charts, click on this.
Subject: webinar weekly Meeting at 1:30
https://attendee.gotowebinar.com/register/6310257064117374477
Again, enjoy the holiday.
Bill Biedermann
AgMarket.Net
815-893-7443 o
815-404-1917 c
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