Continue to use strength to get rid of cash and hedge

FOR FRIDAY (9/9) Grains continued to short-cover before USDA report and are setting up a sale, as even a surprise report would lead to sell the overbought condition going into Sept. hedges. Continue to use strength to get rid of cash and hedge, as this market could quickly fall apart and now is getting a bit oversold. Hogs are holding up well and look up Monday so we’ll exit on Friday and cattle still look to be in trouble.