|
Red River Valley | Buck I have stated a half dozen times we do not bottom corn until around Columbus Day , my thoughts are that farmer selling will have to happen to force the bottom and it appears that time frame will work my bet is we get one more rally opportunity which gets the last of the bulls buying long.
As blu has pointed out we will most likely have to see a double bottom and how that holds, thinking that it is possible for a bounce of the DB giving bulls a chance to buy it there then they run them out of their stops and find new lows if that happens I would look for a low just below $4.00 At one time the number of $3.93 kept coming up.
Soybean I am not real comfortable but if forced would play short side on a seasonal play -- Short beans until the combines roll than get to the sidelines
beans around here are neither terrible or great the problem is that ugly beans can yield bt 35 and 45 and good looking beans can yield the same | |
|
IA & MN
