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New crop price guesses, lets hear them!
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Posted 11/23/2014 21:16 (#4197399 - in reply to #4197243)
Subject: RE: New crop price guesses, lets hear them!


Buxton ND
Just under $4.50 ZCZ15 sometime between now and Oct 1st

I use ZCZ15 cause that's how I program quota's/charts/price ladders/options/what ever.
Its easy market talk that local Co-op's/elevators/buyers/brokers use to keep things straight and not to make mistakes on orders when everyone is the same term's and in a busy hurry. Any orders put in on a computer one must the symbols.
Plus its easy/faster then typing new crop corn December 2015,cause for some new crop is September.

F-Jan
G-Feb
J-Apr
K-May
M-Jun
N-July
Q-Aug
U-Sep
V-Oct
X-Nov
Z-Dec

Z or E is Electronic or Globex trade,no clue why they call it Globex
KE is Kansas City
MWE is Spring wheat,where there's is NO pit trade anyone.

When you get into currencies,there's some cluster puck symbols.

If you don't know them all,don't feel bad,,,I just started learning them a shy 3 years ago and still have a cheat sheet on the computer if I forget !!!
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