Egypt buys wheat

[Artifice]

Equals sell some.  do good, help supply their need.

Last time they bough, mkt made an interim high.

Artifice

[Artifice]

"WED 12-1  : Egypt, , secured 220,000 tons"

" November 11, 2010 Wheat futures posted losses again Wednesday. This despite news Egypt purchased some U.S. wheat. It purchased a cargo each of soft white and soft red but also bought wheat from Australia and France."

Who is their advisor one wonders?

[nwobcw]

The local elevator wheat price today went up .36 to $6.84.

[Artifice]

Thanks

[nwobcw]

Friday's closing local wheat up .35 at $7.19.  Pretty volitale wheat market to say the least.

[Artifice]

volatile or super strong? 

a sueful thing to do is keep a long, long term chart, pages,

weelkly futures and pencil in significant events,

good for perspective.

artificei