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Veteran Advisor

Market advice on wheat

Had an anylsis tell me this years ago, and usually it's right.

 

When when custom cutter come running thru town, it's time to buy puts.

 

reason is that harvest pressure has not started yet, becasue harvest is approching, but not yet,so there is still time.

 

I saw a cutom cutting crew from either MN or ND just go thru this afternoon while I ate my pineapple sudae at the

 

Local Dairy Queen, for mothers day.

 

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Advisor

Re: Market advice on wheat

Somebody once told me that 30 days free storage is common in HRW country.

 

Does seem that harvest pressure tends to linger in that market- could be also that it coincides with a weak seasonal period in corn and beans.

 

What, I'm guessing about 30 days to cutting in your parts?

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