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Future's market
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Maizeing
Posted 7/13/2017 12:04 (#6123339 - in reply to #6123185)
Subject: RE: Future's market


Ontario's middle east
I would say the market is pretty much doing what it usually does. It adds risk premium in in the June/early July time frame because of some unknowns. Then the damage is usually not as bad as talked about and/or fun short covering swings too far up, the psychology changes Jul 10 (Never hold old crop past July 10) and down we go. Next up, we swing the pendulum too far to the cheap side and then second guess ourselves on a bounce in Aug. As far as all the "but the crop condition" talk goes, this forum has not had a good track record at coming to grips with that so don't expect different this time around. Old guy once told me the secret to biz is just keep doing what's working til it don't work. It looks to me like selling the rallies is what's working. The cookie plate will be back ... I trust you will know what to do....



(1996-2015march_corn.jpg)



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