By Jon Scheve, Superior Feed Ingredients, LLC
The President started tweeting about trying to work with China to end the trade war and the market rallied 30 cents. The next morning a White House advisor said there wasn’t much progress, but the market still closed the day positively. After the markets closed on that Friday, the President said there had been a lot of progress made with China trade. This topic will certainly excite the market leading up to the President meeting China’s leader at the end of November during the G-20 meeting.
The differences between buying and selling corn calls
Buying calls gives the buyer the right to buy grain at a certain price. There is a premium to be paid to own those calls. There is no margin call risk associated with buying a call
Selling calls can force the seller to sell grain at a certain price.