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ShelladyOptions
Senior Contributor

OptionEye...Feb 28th. Opening comments

Good morning everyone!

 

Things are a little quiet on the Western Front this morning. Looking like things are going to open relatively quietly. This is what it looks like around 6:00 am.

 

Corn is 1 to 2 lower

Beans are 7 to 10 lower

Wheat is 3 to 5 lower

 

Crude is relatively unchanged

Gold is up around $2.00

The dollar is a little weaker

 

Stocks are mixed and bonds look to be slightly better continuing with the flight to quality trade but that too seems to be waning.

 

We will need to watch a number of factors throughout March with the culmination of the acreage report. Things are very volatile and will continue in that vain.

 

Go get 'em.

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