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kst1
Posted 6/27/2018 07:25 (#6836713 - in reply to #6836082)
Subject: RE: Friday's close?


Never mind this Friday, I'm looking to be up next Friday!

We had a fairly bullish June WASDE, we dropped 35 cents from there and now rebounded a little. Even if the report isn't 85 M on both corn and beans, I have a feeling that's the day this thing turns around for a couple weeks.

I'm not your grain buyer, and I'm wrong all the time, but I think you have the rest of this week to figure out where you are comfortable selling at so you're ready this time. I'm 60% sold on NC, but if we bounce again I'm going to look at Dec 19 and if the premium is right, I may put a floor under the rest of this year with options.
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