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Mizzou_Tiger
Senior Advisor

possible cross roads......

Outside influence on the grain markets........equities specifically........just feels like we may be in for a correction.......some say we are past that, others say we start trending down in May.........definately arguments both ways, we have climbed a wall since 09 and recently......however recent economic points have weakened and ebbs/flows are natural.........are the grain fundamentals strong enough to pull money across.......or is it a complete risk off.......either way basis is working overtime, and end users are making phone calls..........and we are a long ways from a crop......if you saw the post below......2010 was a faster and more furious early spring than this one.....and 2011 was agonizingly slow and late spring compared to this one......yet both were lower than expected on yield........trend, HMMMM, hard to say, but we still have May, June, July, August and September.....
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JG9770
Senior Reader

Re: possible cross roads......

 
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4wd
Senior Contributor

Re: possible cross roads......

Are people going to stop eating?

Have all the cattle on feed gone "Off Feed"?

Livestock feed demand met with a new non organic substance?

Suddenly corn and soys appear in previously empty grain bins?

I doubt any of it. Just profit taking by the hot money. Hang on for the real rocket ride.

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