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BA Deere
Honored Advisor

Don`t look at the overnights

Beans -11  corn -4.  Someone`s getting some rain.

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3 Replies
sw363535
Honored Advisor

Re: Don`t look at the overnights

BA  are the pictures of beans on fire from brazil fake?   Or is the market interpreting those stories wrong...?  🙂

Smile ---- now we cant trust anything.

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BA Deere
Honored Advisor

Re: Don`t look at the overnights

Hey SW, hope you`re doin` well.  Overnight again  there`s red on the screen, corn, beans, wheaties, feeder cattle, fat cattle, skinny hogs...except ethanol rallied like crazy was $1.04 now $1.37.  West Texas crude is flat mid 40`s.

Jamie Cull-hockey was on the WHO Big Show talking about how the overnights get hit and then it comes back during the day.   Often times it was the reverse, the best prices come in the middle of the night.

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sw363535
Honored Advisor

Re: Don`t look at the overnights

Personally I think it is just the volume traded.  Just doesn't take as much of anything to affect overnights---- not as much real trading.

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