Posted 2/9/2017 12:48 (#5827838 - in reply to #5827743) Subject: RE: Wheat. Sell this rally or ????
Middle Tennessee
Corn open interest is up like 70k since the big up last Wed....it should be declining as march approaches expiration. That is strange. Funds may be positioning in corn as they anticipate closing wheat shorts. March ci wheat should trade at least to $4.50, maybe much much higher. There is a lot of carry in that market to capture though going out to zwz17.
Wheat. Sell this rally or ????
