Early yields coming in much better than expected for my crops. Not all my neighbors though, theirs are all trash. Only a matter of time before the market realizes it.
These have to be the same guys that came up with these absurd e-logs for trucks. You kill the small guy hustling his ass off to make a buck. The big boys can and will handle it just fine.
To sit there and legitimately think for 1 minute this would spur a struggling Ag sector? Just like what they argue against subsidizing other sectors it would inhibit job growth and potential for anyone looking to make a career in this industry.
Let's see how firm that 346 Ch8 support is here tomorrow. I'm of the opinion a drop with spike in open interest would be very bearish. Expect basis to rally if this is the case.
March Corn testing upper trend line set from mid-aug. I show 353 as resistance and 346 as support. Sup/res don't converge for the next 7 trading days but I expect a breakout before then. 100 day SMA at 365 today.
Nice to come into the office fresh on 2018 to see some board strength. Really think HRW has some work to do. Dollar bumping against 91 helps. Still expect millers won't let pro leave the states.
Always hate telling guys I'm bullish wheat futures. Replacement is tough to come by out west and I honestly don't think a naked woman would shake 12s loose at these values.
Western Basis values are weak and there will be a glut of corn moving after the New Year. Meal board weakness was welcomed on inventory rolls. I suspect she bottoms -4.5 and of you're brave enough you'll buy it. #futures#notbitcoin
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