Soybean & Sugar Recommendations
YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.Trade Recommendations: Buy Nov Beans @ 675/Target 720-750 Range/Stop Close 660
Fundamental Trade: Asia rust was confirmed in Alabama yesterday by the USDA. Poor crop conditions in Illinois, Missouri, & Arkansas. Smaller stock & smaller planted acreage should support the market.
Buy Oct Sugar @ 903/Target 950 for a short-term trade, longer-term 10.00/Stop Close below 875.
China should improve demand this summer.
International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
www.ifgfutures.com
posted by tony woods @ 8:19 AM
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