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trading observation last night on wheat
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bigdog
Posted 12/17/2007 13:44 (#262458 - in reply to #262426)
Subject: Re: trading observation last night on wheat


ND
I looked at march chi wht, and see that is at a new high also, the whole dollar thing is huge for exports, but the stocks to use ratio, world stocks,you name it,,just don't lie. These are serious low levels and with acquired wealth around the world , comes better diets, more protein , higher dollar food, and no one wants to go back to eating mush.We are at some nice prices now,, but I have sold to much to cheap the past couple months, so I have made smaller bushel sales so I can make more sales more often still heading up. I plan on making some futures contract sales over the holidays just so I can give some money away.....hopefully not, just a play.
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