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New Mexico | so supposedly high last fall?
Oct harvest price was $6.82 per bu avg Cash IA.
The High was actually Mid August at $7.89 per bu IA avg cash price.
The Cash High is generally mid to late July and thru August.
The High in 2013 will likey be Mid to Late July...or perhaps 1 month later due to seasonal lateness this year.
JUST like the High ussually falls regarding market time frames.
Basis has generally Always peaked in July also ( just so the supposedly expert paper traders here know ).
The True economy that WORKS, has to be bullish ( every segment if possible ).
Markets have to go UP a minimum of 60% globally of ALL times for a flat to slightly positive total economy.
True markets run on Cash, Physical product.
Edited by Markwright 5/22/2013 18:22
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What happened at 8:30
