West of Mpls MN about 50 miles on Hwy 12 | In a recent post below, along with numerous others this winter you've WARNED how corn is moving HERE, trucks hauling three or more loads a day hundreds of miles everyday regardless of price, weather, or road conditions. And yet there is still at the very least 65% of the crop still in the bin unpriced? Interesting.
Having very little new crop priced doesn't surprise me at all.
Friday’s CFTC Commitment of traders report showed that funds increased their short position in all of the grains. I'm no expert but it would appear to be the second largest overall short position on record going back to 2006.
Short term bearish or bullish, or just doesn't matter? |