In a van, down by the river... | I'm not saying it's likely, but what if the streak of best prices occurring before harvest continues this year...but the high is already in the rearview mirror?? I'm a bit concerned about the volume of unsold old and new crop banking on a June rally. Nobody holding a lot of chips on the table for a June (or early-July) rally is going to give up in May, and probably not before the 4th of July. That's a scary prospect if this is one of those "once per 10" years when we don't get a meaningful rally in the summer.
By the way, what are you canucks trying to do to our markets? From the wires this morning I hear that Loony producers are intending to plant 0.55 myn more acres of corn than analyst expectations, and 1.06 myn more bean acres than expectations... |
Summer weather rally?
