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06-10-2013 06:54 AM
Headlines - Japan's stocks trade almost 5% higher in Monday's trade
USDA Supply/Demand on Wednesday
Planting and Emergence today
Well, drier weather forecasts put a cap on things this morning. Corn down 8, beans down 10 and wheat down 4. Expectations for a smaller corn crop can't stem the tide. We shall see what the government gives us on Wednesday.
Gold is unchanged this morning and having a hard time to stay above $1400 trading at $1383. The dollar is a bit stronger this morning which will add to the commodity slide.
Stocks here in the U.S. are better this morning after a 200 point gain in the Dow on Friday taking advantage of the Japanese tailwind. Bonds are trading a bit lower as rates still trying to push higher. The 10 year rate is 2.173 after getting as low as 2.00 on May the 24th.
Monday's have been kind of quiet lately. Let's see if we can get anything going today.
06-10-2013 07:19 AM
Reports are that parts of Iowa, Missouri improved a ton.
When "they" feed you that horse poo what do they flavor it with to make it palatable?
"We shall see what the government gives us on Wednesday."
This statement says what is wrong
06-10-2013 07:26 AM
Yep- ------------------ Doesn't get more obvious than that last statement. Within 10 yrs we will need to check the government menu to see what they are going to "feed" us. We are so dependent on the government in every way.
06-10-2013 07:29 AM