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Ok folks where are we headed from here?
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Deadduck
Posted 3/26/2007 17:49 (#125980 - in reply to #125948)
Subject: RE: Ok folks where are we headed from here?



Northeast Louisiana
Who knows. I think we'll see some ups and downs. Bulls can't run forever. I haven't heard any news yet as to why the market was down today.
I look for the USDA report to negatively affect the market, but that could be starting already as the market anticipates a large acreage increase. A lot of players may be laying low waiting for the report to come out. But let there be wet or cold weather across the corn belt to delay planting and there will prabably be some rebounds. Then there will always be the summer drought concerns. With ending stocks as low as they are and demand increasing, there will be price rallies here and there.
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