Casey IL. ( I -70 ) then south on rt.49 | I have ben reading threads on the crop and looking at mine.
I have a tendency to agree with MarkWright long term it looks tobe up, but long term is in to DEC. or even after the first of the year. That is hard to trade, options cost to much time value. Buying contracts is not going in the right direction. We need to get past this glut of a crop ( HA HA ) that I feel is not out there.
The gov. is doing a good job on keeping the food price down. They lied to us from Jan. on. The truth is one little hick-cup and we do not even have enough grain to feed our people. Our Gov. has no carry in it.
If this is not right then why does the commercials own 52% of the contracts. This can be found on the CBOT. site.
I do not believe you can make it on 2.50 corn. Figure it after shrink.bad test weight and storage. Maybe I am the only one that can not figure correctly.
Where are all this countries going to get there grain if it is as bad as we are being told in UK. Russia, China. |
It's hard to trade
