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Buxton ND | 1.862 bb of corn.
.445 mb beans.
.976 mb wheat.
These are the last carry-over numbers for year ending Sept 1st 2016
Now do you really think traders well drive in head first buying grains with numbers like that ?
Would you take 10-50-100k of YOUR hard earned money and buy grains ?
Yaaa, there's probably gonna get tweaked alittle lower, I do not see them tweaked higher but it is a possibility.
Take a look at the YM/ES, Dow and S & P my eyes see weak and is just in the starting techy/charty phase on working weaker, Full Disclosed this thing has been proving me wrong for 2-3 months ! ! ! We need that money that's been playing stocks BACK into commodity's period.
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Bean charts?
