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Anyone Diggin' the Wheat Close?
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vailcat
Posted 10/4/2014 12:18 (#4108906 - in reply to #4108866)
Subject: RE: Golly you guys act like the wheat crop only made 17 bu or something..


NCND
If like to start seeing spreads come in from these humongous levels.
They have grown all week. Let's see where this thing is in 2 weeks. That's when the seasonal rally ended last year and plummeted until the spring rally started in February. That took us to planting rally in may and well we can see where it went from there.

I'm not saying we can't rally as seasonally this is the time of year we do. A sustained rally? Very questionable given today's facts. Bullish seeds are no doubt planted but there is still a lot to overcome
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