Strategies with Future Corn, Soybean Meal and Milk Prices Dave Byers [email_address] Galax, VA

Bull/Bull Market Someone who thinks market prices will rise A period of rising prices

Someone who thinks market prices will rise

A period of rising prices

Bear/Bear Market Someone who thinks market prices will decline A period of declining market prices

Someone who thinks market prices will decline

A period of declining market prices

What Lies Ahead? The BIG QUESTION in the financial markets is to know, People want a financial “Crystal Ball” What will be the price of corn, SBM and milk 3 months 6 months 12 months

The BIG QUESTION in the financial markets is to know,

People want a financial “Crystal Ball”

What will be the price of corn, SBM and milk

3 months

6 months

12 months

What Lies Ahead? Nevertheless, there are systems that attempt to predict Two main schools in the financial markets: Fundamental Analysis Technical Analysis

Nevertheless, there are systems that attempt to predict

Two main schools in the financial markets:

Fundamental Analysis

Technical Analysis

Fundamental Analysis Looks at economic factors, known as fundamentals Dollar Acres coming out of CRP Number of ethanol plants coming into production In short, it examines the forces of supply and demand

Looks at economic factors, known as fundamentals

Dollar

Acres coming out of CRP

Number of ethanol plants coming into production

In short, it examines the forces of supply and demand

Technical Analysis Looks at the price movement of a commodity and uses this data to predict its future movements Extensive use graphs of data to “make invisible visible”--called chartists

Looks at the price movement of a commodity and uses this data to predict its future movements

Extensive use graphs of data to “make invisible visible”--called chartists

Key to Technical Analysis Identifying a trend In fact, technical analysis can be summed up in the saying, “The trend is your friend.” Future price movement is MORE LIKELY to be in the same direction as the trend

Identifying a trend

In fact, technical analysis can be summed up in the saying, “The trend is your friend.”

Future price movement is MORE LIKELY to be in the same direction as the trend

Technical Analysis Something that has always fascinated me In recent years, I have found it a useful tool to increase profitability of dairy operations I send weekly commodity updates dealing with corn, soybean meal, and milk to clients and other interested individuals

Something that has always fascinated me

In recent years, I have found it a useful tool to increase profitability of dairy operations

I send weekly commodity updates dealing with corn, soybean meal, and milk to clients and other interested individuals

Bullish alignment “ Technical buy” signals

Interest in Commodity Reports [email_address] No charge--the price is right

[email_address]

No charge--the price is right