New traders driving attention in grains markets, Peter Brandt notes

New traders driving attention in grains markets, Peter Brandt notes
New traders enter grains markets

Peter Brandt, founder and CEO at Factor LLC, commented on current trends in the grains market. Brandt mentioned he has been long beans, meal, oil, and wheat in recent months, and remains long rice. He observed that an influx of new futures market bloggers touting a bull cycle in grains gave him pause, describing this as a sign of rookie participation in the market. Brandt also indicated he avoids conventional wisdom, referencing the DBA agriculture ETF.

Brandt has also commented on trading opportunities outside the grains market. In a recent update, he highlighted that the German Bund is presenting a potential setup. He separately indicated that SUIUSDT has formed a major bottom and expects higher prices.

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