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Old vs New Crop
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Pofarmer
Posted 12/14/2007 13:57 (#259903)
Subject: Old vs New Crop



Anybody else watching these spreads? Old crop wheat up 5 right now and NC is down 21.

OC corn up 2-4 with NC down -4.

OC soy up 12 with NC down 3-4.

Looks like the Key reversal in NC wheat may hold.

Crude is almost the exact opposite, but all months look to be putting in a head and shoulders. Either that or setting up for sideways trade.
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