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"Mellow Out"
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Sat
Posted 1/19/2016 13:26 (#5047665 - in reply to #5047418)
Subject: Close/Fert.


Buxton ND
NICE close in corn ! ! ! Did back off a tad. Recipe would be set back to fill the last night gap THEN go find the buy stops above 3.70

Have not said anything to the end users since "Hand Cuffs"
You may want to take those off and pay attention here, gaps a nice target. It may go lower, it may go higher, this would be risk management from the other side of the fence. Mr.E will most likely not of liked that.

Crude's still the drag, yet a nice close ?

FERT.

"Doesnt look like March will see improvement in #fertilizer demand; #NewOrleans down to$180/st FOB March #urea before recovering186-188 #ICIS"

Talk to your locals suppliers about the recovering part.
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