Posted 5/30/2007 15:59 (#156270 - in reply to #156005) Subject: Frankly, the market (CBOT) hasn't a clue.
They are long or short based on what everyone else is doing. 90% are moving because some line hit some other line on the chart. Tech trading owes little to actual production and usage.
We will see a wide range of prices this year that have little to do with the current crop conditions.
market prices - are they priced right?
