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Buxton ND | That chart pretty much speaks for its self guys.
I don't care how one wants to cut it, $30 crude IS NOT bullish corn.
The wide ZE/RBOB spread IS NOT bullish or usage.
Record E stocks IS NOT bullish corn.
Rumblings this week of E plants slowing/drag their feet/whatever, IS NOT bullish corn.
Exports, I think my views have been clear.
At some point in time folks are going to need to take those rose colored glass's off and look at the real "world" called the corn market.
And this is before today's money flows which you really don't wanna hear.
Sunday/Monday's trading will be watched UN-Godly close***** we're the only one on vacation.
Heard a corn question on the radio today,
"How much below trend line yields do we need for $6.00 corn" ?
$6.00,,, I shake my head to start with,,, I shake my head again on all of this focus on OUR YIELDS,,,,, OUR BUSHELS,,,,, OUR PRODUCTION. Just like 2012, just like last summer and just like the 1970's
Really apologize for being the bearish donkey wipe here, I WILL at some in time get bullish, like REALLY fairly bullish. I just have to have some facts to change my ways. | |
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Chart shows corn tie energy market
