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Advisor

Prereport guess 2014

Hey guys. What do you expect to happen fri? I'm thinking a neutral report and moderate losses.

What's your guess?
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6 Replies
Advisor

Re: Prereport guess 2014

Acres stay the same or decline slightly and production increased.
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Honored Advisor

Re: Prereport guess 2014

Something goes up in the market ignores it. Harvest just too close for pie in the sky
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Senior Contributor

Re: Prereport guess 2014

decrease in acres, slight increase in yield.  Since it has been down for so long, I guess I will lean friendly on the results.  Not putting on positions, not confident in direction.

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Honored Advisor

Re: Prereport guess 2014

comment being pushed by one of the info folks,,,,,,,,,,

 

"Corn basis crashing on the River in response to the CIF market and lower barge freight"

 

 

Should be some contamination around the "crash" site.  Smiley Happy

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Advisor

Re: Prereport guess 2014

Well... I was close. Looks kinda neutral to me. Not much response by c/b: way oversold might be limiting downside. It doesn't scream up or down trading, but I believe we will likely have a week over week positive close, soooo up for a correction.

Look at Chicago wheat though sw... Leading things just like I mentioned earlier Smiley Wink
Advisor

Re: Prereport guess 2014

What a close! Moderate losses. Pretty shocked.. Still beans are +11 for the week
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