Posted 6/29/2020 11:19 (#8343260 - in reply to #8343221) Subject: RE: Funds short Corn 315K
Palmtopper - 6/29/2020 10:40
No they won't...that is just silly...and 2.62 is a poke "hope I am right" # too. That would trigger ldp with - basis with BIG values in the dakota's...cash will not move and it would get into mid west...and cash has to move!...to keep channels filled.
I have thought 2.60 since 2017. Last year was a failure. I have suspicions that 3.00ish might hold. A rally to 3.80ish by the end of October would not surprise me. I would not like that as it doesn't fit my thesis. 2.60ish would be a great buy. A counter seasonal low in April, may of 21 would be my initial thoughts. Then off to the finish work that has not been completed.