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closing market comments
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Posted 5/8/2014 21:58 (#3859902 - in reply to #3859896)
Subject: RE: as clara peller might say. Where is the Wheat? lol. nt


Buxton ND
Frosty your comment got me figuring "I think funds long is a risk."

In the last 3 years or so spec funds have ranged from 500k net long to -135k net short, so that give us a mid way point of 182k net long. As of the 29th they were 322k net long so yes there is risk their sitting TOO long giving a bearish report. That does sound bearish,,,but I'm leaning towards a friendly report on corn :o)
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