Kerr Trading International: Commodities, Futures, and Options Trading News and Information » Economy

HAPPY 2012… New Year….New Daily Blog!

Kevin — Mon, 02 Jan 2012 04:24:11 +0000

Well 2011 has come to a close, and what a year it was. Our primary blog here at KTI will be moving in a much more active and exciting mode. Check in every day for new posts, videos, and much, much more. We will have special guest commentary as well as my personal daily trading journal.

2012 holds many opportunities for investors and traders and my team and I will seek out the best prospects for you to profit in a big way. Please sign up for RSS for our blog and be sure to sign up for a FREE membership to Commodity Confidential. You can sing up for this FREE subscription at www.kerrtrade.com

Again, HAPPY NEW YEAR!

Don’t Panic! How to use the Pullback Wisely!

Kevin — Sun, 25 Sep 2011 15:53:20 +0000

My latest interview with The Daily Gold

Kevin — Fri, 15 Jul 2011 21:20:51 +0000

Take a listen here and have a great weekend!

http://thedailygold.com/podcasts/thedailygold-podcast-with-kevin-kerr-715/?p=7139/

Commodities Watch Video Update for June 26th, 2011

Kevin — Sun, 26 Jun 2011 21:32:36 +0000

Click here to view the embedded video.

Commodities Watch Weekly Video Update for June 10th, 2011

Kevin — Mon, 13 Jun 2011 02:56:11 +0000

Click here to view the embedded video.

Wheat sowings fall to low, while corn seedings fly

Kevin — Tue, 10 May 2011 11:54:03 +0000

From Agrimoney.com – http://www.agrimoney.com/news/news.php?id=3125

Wheat sowings fall to low, while corn seedings fly
By Agrimoney.com – Published 10/05/2011

Spring wheat planting slowed to its weakest pace since at least the early 1990s in the US, and to a trickle in Canada too, even as America’s corn farmers – in one week – sowed an area equivalent to Denmark and Switzerland combined.

Just 22% of US spring wheat was in the ground as of Sunday thanks to the wet conditions which continue to dog northern areas. In North Dakota, the main spring wheat state, just 7% was seeded compared with an average of more than one-half by now.

The overall figure compared with 61% typically sown at this time, and was the lowest since at least 1994, the earliest year for which readily available US Department of Agriculture data are available.

Indeed, it fell behind the pace of 1997, which has been reported as setting a record slow pace, and when yields fell 15% to 29.9 bushels per acre.

In 1995, another slow year for plantings, the yield ended higher, at 32.2 bushels per acre, but below the 1990s average of more than 34 bushels per acre.

Late snows

The pace was even slower north of the border, where Canadian farmers have planted 3% of their overall spring crops, compared with 40% by now, following snowfalls of up to 25cm, or 10 inches, on some areas two weekends ago. On farms where moisture fell as rain, precipitation reached 5.0cm.

Rain and “moderate temperatures have combined to stymie the general commencement of seeding across the Prairies”, the board said, adding that the poor sowing conditions were affecting “all western Canadian growing regions”.

However, while weather looks set to remain poor for Manitoba and Saskatchewan, “a high pressure system may keep Alberta sunny throughout the week, which could prompt widespread and rapid seeding in that province”.

‘Second fastest on record’

The fate of spring wheat farmers contrasted with that of corn growers who, following a drier spell in much of the Corn Belt, lifting sowings to 40% of their intended crop as of Sunday.

The 27% of the crop sown in one week equates to an area of nearly 25m acres, or nearly 39,000 square miles – bigger than Hungary or South Korea.

The progress was well above trade estimates of seedings reaching aruond one-third complete, and saw farmers play catch up towards average rates.

“Iowa farmers made the most progress, jumping from 8% to 69% complete, the second fastest weekly pace behind 64% completed in one week in 1992,” Kim Rugel at Benson Quinn Commodities said.

East vs west

And the progress was achieved despite wet weather continuing to hamper progress in eastern areas, with farmers in Indiana, Michigan and Ohio having less than 5%of their corn in the ground, compared with one-half typically by now.

“What is remarkable about this week’s progress is that it was accomplished with basically no participation by eastern Corn Belt states,” Steve Meyer at Paragon Economics said.

“Flying into Detroit International on Monday afternoon, it did not appear that eastern Michigan would catch up any time soon. There was a lot of water standing in fields.”

The eastern Corn Belt is due to receive “periodic rain events” throughout this week, Benson Quinn added.

In the six-to-10 day forecast, weather models indicate “scattered showers with cool temperatures over the eastern Corn Belt, while the western Corn Belt and Plains stay dry”, weather service WxRisk.com said.

Kevin’s most Recent Interview with GoldSeek Radio

Kevin — Mon, 09 May 2011 18:18:56 +0000

Listen here

http://www.radio.goldseek.com/nuggets.php

Featured Guests:

Robert Kiyosaki &

Kevin Kerr

Host:

Chris Waltzek

MP3

Fast Quality Stream

Real Audio

Broadband Stream

Dial-Up Stream

A new trading week is upon us…Lock and load!

Kevin — Mon, 21 Mar 2011 08:56:35 +0000

Good Morning Traders,

Thank you to all of you who have written in the last week to send prayers for, and even asking where to send money to our friends and readers in Japan.

We suggest that any of you who want to donate assistance do so through the International Red Cross, you can contact them here http://www.google.com/crisisresponse/japanquake2011.html there are several other good sources for donation there too. God Bless.

Alternative Realities

The crisis in Japan has renewed the debate about the future and safety of nuclear energy, and for good reason. Meanwhile almost all of the uranium companies share prices imploded on the disaster, dropping 20%+, some may never recover. Even so, the fact remains that as a world, we desperately need a viable domestic uranium industry and while some countries may curtail their nuclear programs for now, others like the US, will certainly have to push ahead.

I will have a much more detailed analysis in this weeks full update, but for now, we need to look at picking up a couple of key strategic uranium producers.

One of my favorite companies in domestic uranium space is Uranium Energy Corp (UEC.NYSE) who recently opened a new ISR mine in South Texas.

UEC has ambitious plans to gradually increase production to one million pounds per year thru several satellite operations feeding a central processing plant.

The UEC Advantage

The company’s initial operating costs at the Palangana mine are a very low $18/lb. It has 12 million pounds of historic and 43-101 qualified resources in all categories in South Texas. Additionally, it controls another 23 million pounds of historic resources in past-producing districts of New Mexico, Wyoming, and Colorado.

Uranium Energy Corp has solid workers and specialists, all highly skilled, a tightly held share structure, and $33 million in cash and working capital. More on UEC and how we plan to move on it and others, in this weeks CC trading update.

Also, I have an update about one of our Dragon Metals holdings, Lynas Corp. If you don’t have our Dragon Metals Report go to www.dragonmetalsreport.com and get your copy now! Only $49.95 while supplies last.

DM Portfolio Holding: Lynas Corp (LYC)

Kevin & Jason’s Trading Note:

For the record, we expect a reverse stock split from Lynas sometime in the next 12-18 months as the company goes towards its full production capacity goals from mining and processing of REOs and also if it decides to uplist to the NYSE or NASDAQ. If Lynas decides not to uplist on a major American exchange, a reverse stock split would be much less likely.

Lynas has a high share count, but as I explained to a few of you here and elsewhere, that can be changed very quickly by a reverse stock split. What matters most is market cap and what the market values the company at regardless of shares.

Reverse splits with rising earnings work.

That’s a good reverse stock split. A bad reverse stock split is one where a company has no earnings and does so to further dilute the shareholders and buy time from possible bankruptcy or to avoid being delisted from a major exchange.

If Lynas does do a reverse stock split I would expect a 1:10 reverse stock split to get down to around 100 million shares. The market cap stays the same and only the share count changes.

So if you have at least 1,000 shares and the reverse split takes your position down to only 100 shares but at a much higher share price, you would be able to use options to hedge your Lynas position if they do indeed uplist.

Just some further chess moves for you to consider. I’m always trying to think a few moves ahead on the chessboard.

P.S. Lynas also exercised its contractual option to purchase a deposit in Malawi, Africa. Good grade REOs at the deposit.

http://www.lynascorp.com/page.asp?category_id=8&page_id=27

Stay safe out there this week. Look for your regular update and as always stay sharp for Urgent Trading Alerts!

Yours for Resource Profits,

Kevin Kerr, Editor & Trader

Kevin Talks LIVE with Neil Cavuto Wednesday Night…From Estonia

Kevin — Thu, 17 Mar 2011 09:45:37 +0000

Great talking with Neil last night from here in Estonia. Got several hundred emails from all of you who saw it, so thanks. The situation in Japan and the markets here in Europe are changing rapidly so check back often, we will have constant updates. Listen to my interview with Neil here.

Click link:

Kerrcavuto3162011

An excellent interview with Wall Street for Main Street, Take a listen

Kevin — Sat, 12 Mar 2011 19:25:03 +0000