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Ontario's middle east | I'm going to post my new crop top third charts again. I posted them a few weeks ago when a lot of bulls had a pretty long face and commented that we have not proven the volatility we have seen since 06 has gone anywhere. I think we can now see its still with us. Some of us hate it, but I say its been good for us, so we better learn to like it. The 2 messages that I get from those charts is, its been possible to sell new crop corn and beans for 6.65 and 14.00 each of the last 6 years and we have spent VERY little time above those levels.
If we combine those charts with my seasonal charts, you can see that both are conspiring to order a sale on beans real soon. I do recognize the fact .7" of rain here overnight turning a great soy crop into what I presume is a record makes it a lot easier to pull the trigger. Good luck to all.
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 newcrop_topthird corn.pdf (421KB - 80 downloads)
image.jpg (64KB - 57 downloads)
image.jpg (53KB - 53 downloads)
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Tera may have been right when he called corn to challenge $6.50
