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| The reason for the violant direction (volatile market) is the percieved price discovery by the traders. As we all remember the day after the report the market was only down 9 cents. Then two days later limit down. If the teeter totter wasn't so close to have or have not the reaction wouldn't be so great. Today's report made the market realize that Demand rationing will be neccessary. The Bu found was a blessing to the the endusers and I hope they took advantage of it. Everyone thought the guys from Ill were crying wolf. Ugh? Right??
The market and Tara almost had me convinced that the low yields were just a localized event. Hello Wake up call!
Edited by No_Till 10/8/2010 23:27
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Where is the hate mail for the USDA today???
