The dog days of August just keep rolling on...
Headlines dominated by Ann Romney, Bernanke and Jackson Hole as well as Isaac. Nothing here to really roil our markets. We are up today and look to stay that way. Corn up 7, beans up 5 and wheat leading the way up 11.
Equities are sharply unchanged. Oil is off just a tad and the 10 year yield keeps slipping.
I am starting to hear more and more people say that the corn highs are in. I guess I disagree with them and it gives me comfort to hear a lot of folks turn slightly bearish. I say we take out the old highs soon. What are your thoughts out there?
