Hightower: Corn and Soybean Strategy Update
By The Hightower Report - Thu Jun 28 14:30:00 CDT 2012 CT
Related Keywords: Agriculture, Weather, Product Information, Market Fundamentals, Tool & Analytics
Hightower:  Corn and Soybean Strategy Update

Positioning Ahead of the USDA Grain Stocks and Acreage Reports

The weather outlook is still threatening, and many traders are holding long positions going into the key USDA Acreage and Quarterly Grain Stocks reports that will be released on Friday, June 29th. For end users who are not already covered, a bearish surprise might present an opportunity to sell puts and/or buy calls for coverage.

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