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Spring wheat chart ???????
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maydel
Posted 11/6/2012 15:55 (#2681810 - in reply to #2680682)
Subject: matif wheat


Theodore, Saskatchewan
Here is the matif (mlh13) chart sat, you mentioned it breaking into new highs. I drew a couple quick forks on it to see how they read. Part of the price would be black sea running short and the weakness in the Euro. Certainly is supportive for export business from here.

Noticed hard red winter dec 13 is 932 today, and spring wheat dec 13 is only 942. World wants yield not protein, but could be a spread trade for those that do it.

Edited by maydel 11/6/2012 15:59




(Fullscreen capture 06112012 25329 PM.jpg)



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