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OptionEye..The Big Picture March 2nd
The last few months we have started with 'hopium' and slowly degenerate to 'extend and pretend'.
German retail sales unexpectedly declined.
Euro getting hit. Dollar is much stronger. Corn, wheat and beans will be lower.
Stocks also lower and oil very jittery after yesterday's Saudi pipeline rumours.
Follow me on twitter @soapboxscott to get any breaking news that could impact your marketing plans. I tweet directly from the pit.
Scott
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Re: OptionEye..The Big Picture March 2nd
I'm assuming your argument is demand for grain will be lower due to macroeconomic deterioration?
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Re: OptionEye..The Big Picture March 2nd
I'm folowing you scott on twitter....also seen you on fox business this week....good job...thank you for all the information you are giving me.big dog
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Re: OptionEye..The Big Picture March 2nd
I sold 5K of cash corn friday as i needed some spending money. Income not keeping up with outgo. This holding physical sucks. I'd rather have my bank account full rather than the grain bin.