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Buck says

Watch out for the seasonal January drop.
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16 Replies
Blacksandfarmer
Esteemed Advisor

Re: Buck says

Blacksandfarmer says wait until January report, the low was made in October. Better days coming for the seller of corn, beans may chop around for a while, wheat will go much higher if Russia invades Ukraine in the springtime. This advice was worth what you paid for it.

 

Mike.

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ihtractortherap
Senior Contributor

Re: Buck says

Well maybe Id better dump em this week. Probably lighten up on some beans this week. They could take a buck out of em I suppose. On the other hand talked to a grain merchant yesterday and this past fall harvest over 40 vessels of soybeans were loaded out of the lakes. Beats the old record of 31.
Could mean for some hot basis numbers in this neck of the woods anyway.
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glenlivet18
Veteran Contributor

Re: Buck says

Voice from the tomb says sell March wheat on January 10.  Because that's a Saturday and the report is on Monday the 12th, you'll want to wait until the close of the 12th.

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ihtractortherap
Senior Contributor

Re: Buck says

See if she can close above 10.60 this week
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Nigel
Veteran Contributor

Re: Buck says

@VRbuck...when you say seasonal drop are you just saying January or another time period?   

 

Historical-January-Beans.png

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Re: Buck says

Buck still thinks we take out the highs
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Re: Buck says

So almost dinner time h buck
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Re: Buck says

sold a quarter of what I have left at 10.23
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Jed Stivers
Senior Contributor

Re: Buck says

Ok Buck was a PermaBear, then a Raging Bull. What is he now? A Bullish Bear or a Bearish Bull?
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