Posted 5/20/2015 08:22 (#4581318 - in reply to #4580982) Subject: RE: Lines are cool, but market structure rules
SC Iowa
So in the first chart you are showing a range between 310 and 760 respectively, how does that pertain to making a trade? The higher end has been breached once very successfully in 2012. I am just trying to learn how this works..
So would I be right to expect 310 area will be hard to breach without a fundamental change to supply/demand?? Which in this case could turn into the market being comfortable with our current supply, carry over, and prospect of next year's acres..