09/10 repeat

[Mizzou_Tiger]

There are similarities starting to appear.

No two years are alike.

We are due.

[ihtractortherap]

What happened in 09/10

[timetippingpt]

Do you really need to ask IH...it is mizzoukitty...it must be a bullish reference.

Data on the swings in nearby futures...

Low-9/10/09 @ 3.00

Epiphany High-1/8/10 @ 4.20

Low-6/10/10 @ 3.35

High-6/10/11 @ 8.00  Yes, almost exactly 360 degrees away from the low. That was an easy high to manage.

[ihtractortherap]

Nothing in 09/10 to get excited about.

[clayton58]

Time, I think you might have let the cat out of the bag,so to speak

[roarintiger1]

I will agree.  We are due.

[JimMeade]

The basic question is always the same.  How do we market using this information?  Where do we put our money?

[sfrms]

Compare carryovers of those years to our huge carryovers, If your a grain buyer, why bid prices up?

[ihtractortherap]

No reason at all to bid up right now!

[timetippingpt]

Everything is in the eye of the beholder I suppose.

Stocks now are virtually the same at 2009. 

2009 stock/use carryout = 13%    1.75 Bil

2017 est @ 16%  2.35 Bil

About as close as it gets. S/U was much higher at 20% in 2004 right before the biggest bull in history.

One key difference is that in 2009 the global economy was clinging to the edge.

In 2017, the global economy is on fire.  (might have to give Trump at least a little credit)  🙂  Sorry

for my off color remark ....

Bottom line is we have to grow another record crop every year. One of these years it won't happen.

I kind of like the 30th anniversary of 1988 as a good year for it happen....  2017 has been pretty

similar to 1987.... so far