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Buxton ND | Short yes, no term no, we're still 22-23% behind y-o-y
To me its looks like buy the "rumor sell the fact"
Trying to say these easy like but even tho this was a fresh report THIS morning, this was sales made the 5 tradings day prior to 10-15 These were "covered" by commercials PRIOR to the 15th
Sad to say the strength we've seen in beans the last 2 months, if we can call it that has been commercial buying "covering" sales to China and else where's.
Or one can forget about anything I say and I'll ask,,, whats the market doing with it when were currently a dime of today's high ?
AGAIN this news just get plastered on tweeter,,,,,,,, yet not one person has comments on Sorghum exports*****
Here again its focus on the bullish and ignore the bearish***** | |
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weekly export sales - Beans
