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central ontario | Maizeing points out exactly what I have been posting about the last few weeks about the weather premium that usually gets placed on crop values at this time of year.this year though the funds feel extremely confident about going short the grains which seems goofy to say the least,way to early to predict a yield other then the long term trend line yields that the USDA has .
These normal trends how ever would still come in way below 16
1234 keep a close eye on the crop ratings for yield potential,this is the best indicator their is available for the major production areas.With the specs going short has expectations of great yields written all over that position,it may be correct and maybe not,way too early to tell.
Good Work 1234,but over thought. | |
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Just speculating.
