Pretty cool. I bought coffee today.

Thx for sharing. I posted some support/buy levels for coffee (futures & ETN) here: https://rightsideofthechart.com/wheat-corn-trade-ideas/#comment-22322

Thanks for sharing that & I can’t agree more with that strategy. Best of luck going fwd. The commodities bull looks to have a lot more room to run in the coming yrs.

Decent support on JO around 47.00-46.20 & /KC coffee futures around 1.6850-1/65 so a long there (or scale from top to bottom of support zone) with a stop somewhat below seems objective. Congrats on those puts & g-luck going fwd.

Reports are that the freeze wasn’t as bad as previously reported for coffee. I’m thinking about being a buyer on a touch of the trend line on JO about $47.19

lots of speculation into coffee at the moment.

https://dailycoffeenews.com/2021/07/30/coffee-prices-drop-as-weather-speculation-affect-market/

“In other words, the total number of futures and options contracts held by market participants at the end of the trading day yesterday was the highest in the 21-year history of the exchange, with more than 713,764 for robusta and 952,524 for arabica.”

[img]https://i.imgur.com/OAlonp6.jpg[/img]

[img]https://i.imgur.com/6uAGpKb.jpg[/img]

i am holding Aug corn calls since last fall…….on the prior breakout. Although the fields are in great shape in Illinois where I dwell ( sadly), the international market is poised to be bullish for some time.I am long term trading most positions in AG and buying pullbacks, not selling peaks at this time…… i love the commodities right now…….. and coal…….GOOD LUCK.