| NoDakFarmer - 8/19/2015 22:00 Yup, that energy expressed through the spreads deal that I don't fully understand. I kinda thought you might reference that, but I wanted to check since we are looking at the continuous for these larger swing projections. It looks like the snap-back after the C is put in could be relief from what we've been seeing for the last couple years in both C/B...even if it's only temporary, I'm looking forward to something positive again. Thanks for educating us. Hi ND, It will be nice to quit going down for sure. That energy expressed deal is something I am still working on myself. It kind of defies conventional wisdom a bit, but corn has been a carry market all year...prior to last falls lows, it wasn't. It was the first to go inverted, and the first to come out of it. Since the carry went back into the market, it has struggled to make new lows (actually it hasn't). Corn into '17 is a carry market now, but during the rally, it went inverted for 17'. Beans lagged corn one year in going inverted, their highs also were delayed..The last two years, it has been inverted and we all know what has happened since it went inverted. When you figure it all out, send me an email, I would like to know too :-> |
Soybeans
