Posted 8/28/2013 07:13 (#3293709 - in reply to #3293683) Subject: RE: Same question, two days later. Does this rally have enough ....
It will be more than just a grind for the short term. Expect some wild swings, through next Monday or Tuesday. The only fundemental dynamic that matters is WEATHER and what the Market perceives is happening to the crop.....Beans being the most wild because we are in a tighter expected S&D, but corn can play that game if the heat cuts enough yield off. So far the market does not beleive we can cut corn yields enough to make the S&D for this coming year that tight this late in the game.....JP