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Buxton ND | I do admire consistency Don ! ! !
Soybean, I guess if one was really worried about a drought in SA I'd lock in some meal.
Looking at a ZM chart, I'd be in no hurry.
Looking at rains in Brazil's Iowa as I type,,, for get about the hammer and just hand cuff yourself to the "John"
Money on beans flat,even across the board, non- event either way.
Closing another week under $9 speaks for its self.
Corn and wheat money flows,,,, was a week of doom and gloom and Don doesn't wanna hear.
NEW short sellers in both are very much in control.
My eyes see NO reason to be locking in corn feed needs what-so-ever.
Its OUR harvest.
Its OUR shipping season for corn.
And BRAZIL,,,, ships 3.5 X the corn to date in Oct. then WE did.....
Credits on that to Ken Morrison.
Don wants to call it doom and gloom, I call the cold hard facts of being in a world market*****
US Dollar rallies $2.25 in 2 days as the REAL is weakest, we're close to hearing import rumors again EVEN as corn has dropped.
Then we have crude, $5 corn and $45 crude DO NOT MATCH. | |
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