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beans export sales large, corn not good, wheat ok
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Pofarmer
Posted 12/13/2012 10:25 (#2749459 - in reply to #2749416)
Subject: Re: beans export sales large, corn not good, wheat ok



I think this is a multi pronged deal. You have some HUGE numbers coming out in bean sales, yet the market is not moving, anticipating a large SA crop? You have uncertainty from the FED, well, untill yesterday. You have uncertianty in the tax code. You have uncertainty in the economy. Add on to that, that these large fund traders are probably not trading fundamentals at all, or very modestly, and you have the market that we have today. Short crop, long tail?
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