Video: Bottom in Many Commodities being Forged

by Dennis Smith
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Bottom in Many Commodities being Forged

·         Crude oil showing signs of a bottom
·         Pork is cheap, loins at 10-year lows, bellies at 52 week lows
·         Beef has been severely discounted
·         Corn is cheapest corn in the world
·         Phase one goes into effect Saturday


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The risk of loss in trading futures and options on futures can be substantial. The author does not guarantee the accuracy of the above information, although it is believed that the sources are reliable and the information accurate. The author assumes no liability or responsibility for direct or indirect, special, consequential or incidental damages or for any other damages relating or arising out of any action taken as a result of any information or advice contained in this commentary. The author disclaims any express or implied liability or responsibility for any action taken, which is solely at the liability and responsibility of the user. In addition, the author of this piece currently trades for his own account and may have financial interest in the following derivative products: (corn, soybeans, soybean meal, soybean oil, lean hogs, live cattle, feeder cattle).