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New Mexico | high with the top of the 3rd being such.
So far we've had 2 of those tops ( 2 legs ).
(will update later the chart points on all the afore, thus an expected 3rd leg top rough est would be 15 to 20% higher than the 011 spring high which was $118.50 cwt. live cash )
NOT a 100% chance of the afore, but there is definitely an over 85% chance.
I talked a pretty hot up last year for MOST of the year.
Especially the 011 spring fling, but more importantly that late summer to fall run up we've been seeing of late.
012 going to play much the same, just 15+% higher than the 011 levels ( if you chart it ).
Edited by Markwright 3/31/2012 08:38
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holy cow-I think Im stopped out-June contract
