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Wheat Observations
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vailcat
Posted 1/17/2014 12:14 (#3611426 - in reply to #3608394)
Subject: RE: Wheat Observations


NCND
On the edge to new lows. This big old crop will carry thru to new crop. How long that's the question.

I don't have clue where it's going but markets can go down longer than rational just as they can go up.

This basis thing is region wide. Curious if it lasts or it rolls to February?

Any who I'm thinking for simplicity sake this nc thing goes to 6 before it stops bleeding everyday. Just a guess.



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