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| Funds settled for the third quarter. Pulling some money off the table and making sure that the bonus program looks good. Once that started the funds had the stops in a little tight for this market and all #*&@ broke out.
Demand numbers look good and as others have stated, the crop is not in the bin. For more support look out to the next crop year. High numbers for all grains in the future harvest months.
What I saw was a little money coming off that tripped the stops. An over correction if you will........
Fund trading leads to wild rides over simple things. We all just have to get use to it.
This message will self destruct if for some reason things continue to go down...........(:
Tim | |
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Who shot the bull in Chicago?
