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sw363535
Honored Advisor

feedyard talk 11/30. 8:15 am .......Shock but not shocked

Wheat ratings. ----- email had the latest on midwest weather from usda---- ignorance from the elite in DC

wheat rating.png

 

Well usda must have inspected the "tire chips" on the midwestern football fields this last week and seen how green they are to arrive at this winter wheat rating.  THERE IS NOTHING 'ACTUAL' ABOUT ANYTHING USDA PROVIDES IN CROP RATING SERVICES ON THE DAYS AFTER THANKSGIVING-----    AND  the analyst ??????

The wind didn't blow hard..... that must be worth 30 %.....

 

4 Replies

Re: feedyard talk 11/30. 8:15 am .......Shock but not shocked

Traders pad their pockets every holiday this is a known pattern.  Years ago when I worked a CBOT I noticed this as well as at least half of them don’t even show up the entire week of a holiday.  IMO there needs to be some serious regulations put in place to counter profit takers.  The market dip and reasoning for this is clearly personal.  Saying that there following the outside markets is not viable.  When the Dow jumped to 30k the grains went down, when the Dow drops 1 k it’s their reason for dropping 40c.?.  These guys do not follow crop ratings, weather, or even export numbers anymore.  They’re clearly in it to win it, could care less about production cost. Farmers actually making a profit farming is a joke to them.

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k-289
Esteemed Advisor

Re: feedyard talk 11/30. 8:15 am .......Shock but not shocked

Bumper  crop  of  EXPERTS ,  from  sea  to  shining  sea ,  maybe    -   ?   

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BA Deere
Honored Advisor

Re: feedyard talk 11/30. 8:15 am .......Shock but not shocked

Tommy Grisafi on Chip`s show hypothesized that the Fed and the rest of the world tanked crude oil and that single blow "solved" the inflation "problem" , a lot of money was lost in the oil market the last few days.    Corn, beans, wheat and oats followed the crude and see they didn`t have to raise interest rates. 

 

k-289
Esteemed Advisor

Re: feedyard talk 11/30. 8:15 am .......Shock but not shocked

Also, with  record  travel  traffic  last  weekend , those  fuel  transport  drivers  must  have  reappeared ,  as  supply  shortages  didn't  seem  to  grab  a  headline  -  how interesting  -   -   -

Wars  &  rumors  of  wars  -  shortages  &  rumors  of  shortages  - ?  ? 

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