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| The carryout is tight and getting tighter on corn, beans and wheat, the acreage battle is real, demand is great and not changing. The dollar is cheap and so what if it rallies 15%. Exports are not going anywhere but up.
Sure everyone is talking about grains going higher but do they have a position or are they going to take a position (I doubt is because they have probably been short for the last year and they are out of money). There is demand under this market and that is why it is bought on every dip so until that changes the trend won't change!!
You might be right but your statement is too bold IMO. The market breaking hard will not do anything but encourage more usage and that is not bearish.
Good luck to you!
Edited by tractorpuller 12/12/2007 22:49
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AGtrader what has been your position??
