03-31-2013 01:26 PM
Here CX, try this http://www.iptv.org/mtom/story.cfm/marketanalysis/
03-31-2013 03:28 PM
I like that article and analysis on what new crop corn should do in the next couple of months. Lots of guys contracting corn for delivery with a $5 in front of it the last few weeks. I think a $6 or $7 looks a whole lot better. Especially when you look at what everything else costs.
03-31-2013 06:40 PM
He verified the point i have made a few times along with many others. It is very frustrating when we can manufacture bushels of lose bushels during the winter. But he points out that this is nothing new. Usda has done this year after year.
To answer an entry Kraft made a few days ago about the negative comments to the recent report-------------- Contrary to Kraft's comment, The fact is most of us have agreed with most usda reports over the last 50 years because it really doesn't make much difference moving and creating bushels, changing acres to fit the "norm" to keep the heat off usda, etc------------- It does not matter when there is a surplus, but when there is enough shortage to have to import supply of corn and wheat to meet feeding needs, then usda's obvious disconnect from real data becomes hard to ignore. ------------