East Central South Dakota | threw in the towel today and sold corn. Farmers had corn they wanted to price and saw a 1.4 number on stocks(just the bullish report they were waiting for)-- got all bulled up and then got extremely dissappointed on market reaction and mentally beaten down, decided to throw in the towel and sold(funds silently took their position). Markets all about money flow and psychology. Market going side ways until big export numbers (shipments) can't be ignored and until most of farmer stocks are in the hands of commercials and end users. A lot of BUI's on agtalk tonight i am quessing.
BUI = Blogging Under the Influence. LMAO |