Posted 1/12/2014 10:15 (#3597207 - in reply to #3596906) Subject: Smell that Smell
Red River Valley
From Wednesday forward right up until about 1:00 on Friday the market walked , talked , and smelled like farmers sold into fund shorts buying will be interesting to see the tale of the tape.
My guess is that they (funds) unloaded over 1/2 of their short positions maybe even 2/3rds.
I think had farmers sat tight we very well may have had a limit move in corn ??
Going forward will need to get some thoughts togather