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#TheWheatParty
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Sat
Posted 12/1/2016 16:44 (#5669262 - in reply to #5669129)
Subject: RE: #TheWheatParty


Buxton ND
Well its not the hottest not best party in world, patience young man :o) Ha Ha
Tho at .10-.12 up this morning my finger was getting itchy.
NO its NOT gonna be any kind of a MarkWright party, if Mark's saying $12ish cut her in half.
Its heck of alot then going to the winter wheat party and getting tossing the dam meat grinder.
Say you Canadian guys,,, seems quiet up there, you have any good wheat to export ? ? ?
Stat Can should have some new number out soon but that does not show any milling wheat number.

Sniper sorry can't say much positive about ZW soft wheat. $4.10ish ZWH had a rock solid support, now we've blown thru that by .15 They can only make so many cookies then its either exports or feed bunks.
Exports sale to date are 59 mb compared to 91.2 mb last year, 59% lower y-o-y
Its trading at levels not seen since July of 2006, pre E-Boom years, yet we can't export it.

OK was trying to flip this chart upside down above, it did not work. So your gonna have to image rotating this chart 180 degrees.
Would it be a buy or sell ?
Does it look like a blow off top ?
Blow of bottom ? This charts is ZWH

Edited by Sat 12/1/2016 16:48




(2016-12-01 16.29.14.jpg)



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