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.