3-12-16

1-17-16 I mentioned here about World Currency War.
This year lows and Friday closes
Aussie dollar low 6787, closed 75.41
Brit Pound low 138.44 closed,143.90
Can. Dollar low 6819 closed 75.64
Euro low 107.62 closed 111.87
April Crude Oil low 28.75 closed 38.50
US Dollar HIGH 99.95 closed 96.17
Brazil Real low 2323 closed 2757
See trend changes

Last week my comments were: the REAL as helping grains rallying.
Still looking for more of that if the REAL advances more.

Weather Watch
Plains weather this week
Flooding in parts of Delta

Brazil trucking strike
This time not blocking roads just not driving.
We should know more about this Monday.

Seems we still have more up side BUT we are nearing
some resistance. Soy beans 7-9 cent higher
Corn 5.50 to 8 higher
Need to move old crop price more on this rally.
Buy breaks to re own.

Need some new crop soybean protection
I have an option play for you to start small percentage.

Huge numbers to watch / April cattle
141.77 and 141.97 as very good res.
Closes above then maybe we can see 144.00-144.20
Cattle over brought??

CK sup: 361.75-359.25
res: 366.25, 369 and 373-374.50
I'm playing from the long side but if we rally the 5-8 cents
mention above before support, I will lock in some of the profits