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NW Indiana | I'm a bit uneasy about the longer this shutdown goes the more information we are going to have to digest at once. Weekly export sales aren't typically a market mover because it averages out. Having to digest 5, 7, 9?? weeks at once with so much attention going to be on what china did during that time is a different story. January report is typically a market mover and can set the direction into spring, we will have to digest those numbers. Throw in a February report that could have a better indication on SA production and now we are talking a massive amount of information. All of this with the 90 day truce with china approaching. Could be a volatile February which would increase our crop insurance cost so hopefully the volatility is to the upside. | |
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Getting a little uneasy.
