OptionEye - The Cow Guy - March 28th
Overnight things were kind of quiet. Corn down 1, beans down 1 and wheat down 8. Rain is the excuse for the overnight wheat move. Oh well.
Bloomberg survey shows corn traders the most bearish in 5 weeks going into this report. Most worried about big acres.
Gold still below $1300 trading at $1291.35 which is up .05 cents. Oil is up .27 cents to $101.55.
The 10 year is below 2.70% trading at 2.68% and on its way to 2.50%.
Stocks are going to start higher again but as of late that has been a head fake.
The dollar is a tad stronger over the 80 level trading at 80.18.
End of month and end of quarter on Monday combined with our report could make today a little dicey.