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RED HOT EXPORTS
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donmoffat
Posted 10/18/2016 09:59 (#5587875 - in reply to #5587827)
Subject: RE: RED HOT EXPORTS


yes I buy cash and futures, this year cash grain a month ago bought OND at one price JFMat at bit of a carry and AMJ a bit more carry, my point there are buyers in forward cash positions willing to pay farmer storage to lock in future cash price with no margin calls and at these prices, 30 to 40 cents is easy to live through
way more risk to the shorts than the longs.
booked meal when the board hit 300 in the cash with very little carry til March
drove from Man to Alberta last weekend ,Duck hiunting this week all south of hiway 12 , basically Red Deer ,, snow and frozen ponds north of 12, lots of ducks south, but cold, need some warmer weather to dry up enough to run amazed at the crop in swath, been that way for a month
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