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| Up earlier than usual as I am pursuing & massaging data on cattle. Usually up at 3 & use the quiet to study, do some bookkeeping & at my age about 6, when I know most newspaper editions are out, check the obituaries to see if I've lost any of the few friends I have. Lost a couple earlier in the year and am down to a couple of long timers and the family dog.
As I look at the charts, I would not be surprised if December wheat tested the $7.25 to $7.50 area & Nov beans in the $9.50 to $9.75 area. I think these levels are possible, partly due to the fact we have several reports due in the next couple of weeks & folks get nervous. I am not predicting those levels, just anticipating those price levels could be tested in the next couple of weeks.
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