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Buxton ND | XXX "Vin" explanation ur deal on HFT again.
Don I've talked about China IN DEPTH. Look at the bigger picture.
Pat's comment
"Buying contracts doesn't necessarily mean demand for the real stuff."
Think back to Ray's post February on how commercials sourced corn when everyone has it looked in the bins.
Jon's comment
"That's gonna take $4.50+ corn to get a big enough crop."
Jon is this here or Ukraine/SA/Euroland,where-ever ?
OR raising whatever to feed a hoof or feather.
They DO NOT have to eat corn grown in north I-80.
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4.50 is a MAJOR WALL OF RESISTANCE
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4.50 EVEN,,,,,,,,,,,,,,,4.50 besides,stopped the rally in 2009 way way more then dead in it tracks. Kinda like shooting a fawn with a .50 cal.....................
My I-80 brings up a comment from a DIEHARD Ag-Resource farmer guy i talk to now and then from early 2008
"Iowa will be a NET IMPORTER of corn by whatever date"
Come 2009 Iowa had corn coming out of their ears like everyone else did.
After things crashed in 2008 Ag-Resoucre not NOT ONE bushel of corn OR beans sold to fall deliver.....................They did not even have a hind teat close to............... They DID NOT make that same mistake this year.
BTW when use ***** I mean business. | |
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Explaition
