hedgefund farmer - 5/15/2014 10:17
is that farmers are still way undersold and optimistic. Until that changes we have had no bottom in the grains and are very vulnerable to a big sell off late sumer if this crop comes to fruition. mark this down. The market will steal this crop if weather is favorable
Wheat could be a sleeper come July August.
Anyone think Goldman is short grains??? Their down 20% price projection in corn sounds like talking a position to me
Same for wheat and bean forcast. Money flow is high triumph card for determining prices and more important then actual supply and demand |