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remsen, iowa nw iowa | i would be in the same ballpark as donald, maybe not quite as high for cash marketing purposes.if we are in a 5th wave to the upside(and i believe we are), in commodities , the 5th wave will be the one( waves 1, 3,and 5 are impulse waves in direction of trend) to extend or as stated more frequently form a "blowoff top". if i can get an 8.00 for any old crop corn,take it.(i dont have any left, land payments etc) if i can get a 15 for o/c beans, take it. and then see where the blowoff takes us to focus on new crop. imo these highs will last awhile. know your buyer. | |
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