CORN -needing some more big sales
Corn, big drop in 5 days. Early big crop underway, the market finally reflected it.
Early harvest? What say thou? Why not by a week or 2. Might that portend an early seasonal low?
This market needs, some big export news fast otherwise ,,,,,,.
Re: CORN -needing some more big sales
Hey arty I think this year watching the demand may be the wrong horse I think watch the supply! I am not in the camp of a big crop this year. Of course it is early and lots can happen. I will just say my first cutting hay while good is no silo buster. It is off easy 10% from last year. and only 4 days earlier. So while this growing season has a long way to go and potential to catch up I don't think we break any records. and once those longs here smaller crop than expected won't they add to thier positions? As to bankers creating this whole thing I think it is an exclusive group mostly the Fed bank. JR