The North American Ag Report for 12/16/19


David Gleason
daveg@sio.midco.net
1-800-373-7767
www.naas.com

On Saturday January 11th we will be holding our annual 2019 Winter
Forecasting Seminar.  The seminar will be held at the Ramkota Inn
(605-336-0650) and will start at 1:30 PM. The cost of the seminar is
$460.00 or you can purchase the DVD and chart booklet from the seminar
for $460.00 + $35.00 for shipping and handling. To sign up to attend
or to order this important market information, please call 1-800-373-7767.
Thank-you for your support!

The following trades are hypothetical.  Past results are not a guaranty
of future results.

NOTE: Computer reverses position when trend following stop is hit.

  On 12/13/19 the computer went LONG Feb lean hogs (Elec) at 70.05
with current trend following stop at $67.20.
Friday, December 13, 2019 Feb lean hogs settled up .65 at 69.25.

  On 11/15/19 the computer went SHORT April lean hogs (Elec) at 79.375
with current trend following stop at $78.70.
Friday, December 13, 2019 April lean hogs settled up 1.475 at 76.075.

  On 12/13/19 the computer went LONG February live cattle (Elec) at 126.25
with current trend following stop 124.475.
Friday, December 13, 2019 Feb live cattle settled up 2.725 at 127.825.

  On 12/13/19 the computer went LONG March feeder cattle (Elec) at
$144.95 with computer trend following stop at $141.70.
Friday, December 13, 2019 March feeder cattle settled up 3.325 at $146.775.

  On 11/27/19 the computer went LONG August feeder cattle (Elec) at
$151.40 with computer trend following stop at $150.175.
Friday, December 13, 2019 August feeder cattle settled up 2.40 at $153.50.

  On 12/12/19 the computer went LONG March corn (Elec) at $3.79 1/2
with current trend following stop at $3.71.
Friday, December 13, 2019 March corn settled up 3 1/4 at $3.81.

  On 12/12/19 the computer went LONG July corn (Elec) at $3.89 1/4
with current trend following stop at $3.83 1/2.
Friday, December 13, 2019 July corn settled up 3 1/4 at $3.93 1/4.

  On 12/12/19 the computer went LONG March Chicago wheat (Elec) at $5.28
with current trend following stop at $5.16 1/4.
Friday, December 13, 2019 March Chi wheat settled up 2 3/4 at $5.33.

  On 12/12/19 the computer went LONG July Chicago wheat (Elec) at $5.33 1/4
with current trend following stop at $5.23 1/4.
Friday, December 13, 2019 July Chi wheat settled up 2 at $5.38.

  On 12/12/19 the computer went LONG July Minneapolis wheat (Elec) at
$5.40 3/4 with current trend following stop at $5.33.
Friday, December 13, 2019 July Minn wheat settled up 2 3/4 at $5.42 3/4.

    On 12/12/19 the computer went LONG July KC wheat (Elec) at $4.58 1/4
with current trend following stop at $4.39 3/4.
Friday, December 13, 2019 July KC wheat settled up 1/4 at $4.57 1/4.

 On 12/5/19 the computer went LONG January soybeans (Elec) at $8.87 1/2
with current trend following stop at $8.88 1/4.
Friday, December 13, 2019 January soybeans settled up 8 1/2 at $9.06 3/4.


On 12/5/19 the computer went LONG July soybean meal (Elec) at 311.3
with the current trend following stop at 304.3.
Friday, December 13, 2019 July soybean meal settled down 1.2 at 306.2.

  On 12/6/19 the computer went LONG July soybean oil (Elec) at 31.74
with current trend following stop at 32.21.
Friday, December 13, 2019 July soybean oil settled up .32 at 33.41.

  On 11/26/19 the computer went LONG March cotton at 66.06
with current trend following stop at 64.41.
Friday, December 13, 2019 March cotton settled down .37 at 66.80.

   On 11/21/19 the computer went LONG march coffee at 111.40
with current trend following stop at 128.40.
Friday, December 13, 2019 March coffee settled down 8.35 at 129.75.

  On 12/6/19 the computer went LONG April heating oil at 1.9352
with current trend following stop at 1.8940.
Friday, December 13, 2019 April heating settled up .0276 at 1.9543.

  On 12/5/19 the computer went LONG March crude oil at 58.32
with current trend following stop at 57.74.
Friday, December 13, 2019 March crude settled up .65 at 59.41.

  On 12/12/19 the computer went LONG March natural gas at 2.559
with current trend following stop at 2.178.
Friday, December 13, 2019 March natural gas settled down .035 at 2.236.

  On 12/3/19 the computer went LONG April gold at 1488.00 with
current trend following stop at 1462.50.
Friday, December 13, 2019 April gold settled down 1.6 at 1479.00.

On 12/4/19 the computer went SHORT March Comex silver at 1689.5
with current trend following stop at 1741.5.
Friday, December 13, 2019 Mar Comex silver settled up 13.0 at 1698.0.

   On 12/12/19 the computer went LONG March mini Dow Jones at 28190
with current trend following stop at 27799.
Friday, December 13, 2019 March mini Dow Jones settled up  16 at 28171.

   On 12/12/19 the computer went LONG March mini Nasdaq at 8475.00
with current trend following stop at 8368.25.
Friday, December 13, 2019 March mini Nasdaq settled up 29.75 at 8521.25.

  On 12/12/19 the computer went LONG March mini S and P at 3159.75
with current trend following stop at 3132.00.
Friday, December 13, 2019 March mini S&P settled up 4.50 at 3175.50.

   On 12/2/19 the computer went SHORT March US dollar at 97.68
with current trend following stop at 97.400.
Friday, December 13, 2019 March US dollar settled up .030 at 96.755.

This information is not to be construed as an offer to sell or a
solicitation or an offer to buy the commodities herein named. The
factual information of this report has been obtained from sources
believed to be reliable, but is not guaranteed as to the accuracy,
and is not to be construed as representation by North American
Agricultural Services.

NOTE:
 I am the adviser you are the decision maker. I have an
obligation to give you my opinion because you purchased my report;
you are responsible for your decision whether to except my opinion
and act on it or not. DG.

 

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