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Anyone Diggin' the Wheat Close?
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vailcat
Posted 10/4/2014 11:45 (#4108858 - in reply to #4108693)
Subject: RE: Golly you guys act like the wheat crop only made 17 bu or something..


NCND
Does anyone care Jon that those crops were poor?

Look at this chart and explain why we lost almost 3$ while harvesting crappy crops there.

A market that does not rally on bullish news is not bullish.

That all being said we have fallen from 8 to 5 so maybe a bounce in here? We've talked 14 cents i think in the minny last two days. We still have 2.86 to go just to get back to where we were when they started harvesting in Oklahoma. I have sales made 35 days ago that are over a buck above where we are now. I'll worry about covering when those sales get even.





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