| I said Friday evening.
"The 15 day weather maps say we gonna average 4.5 degrees above normal for the 1st half across the cornbelt. If that comes to fruition we will have to average 2 degrees below normal the remainder of the month to yield above 169 according to history of the last 70 years.
I think corn is under priced and I'm a buyer down here as long as weather maps looks as they do now come Sunday night."
I stayed away from the long side. They went from almost 5 degrees above average to barely 2 degrees, thus the selloff this AM. |