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Violence and storage paying in spring wheat
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vailcat
Posted 10/1/2014 12:13 (#4103086)
Subject: Violence and storage paying in spring wheat


NCND
We had worked out way to -35 during glut of harvest. Well went to -40 last week now overnight to -55.

The deferred months stayed at -60-75 this whole time. Well look at them now!

I have march htas that I'd lock but I need to roll out in case discounts stay steep. Or do I buy and blend? Take the risk out and make the profit or go for more?
15 pro is off 40 cents right now. Sooooo????


I've never seen a market flip like this overnight. What ya'll make of it?

Wheat still being harvested. That wheat hopefully has a bin. This carry just is nuts!

Will this kick start seasonal strength in the futures?? Dec mw made mew low today now is positive.

Edited by vailcat 10/1/2014 12:21




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