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Mizzou_Tiger
Senior Advisor

"significant supply response"..........its already started.........

http://www.agrimoney.com/news/wheat-prices-to-top-$10-a-bushel-says-goldman--5048.html

 

should we just place bets now on next years trendline forecast............100M at 182.............

 

sounds doable after last year........

 

is the drought still going on by the way???????

 

La Nina.........El Nino...........

 

its October 1........and the battle is on already..........

 

EDIT:  a few other tidbits.......old and new

 

http://www.agrimoney.com/news/eu-corn-imports-could-far-exceed-current-ideas--5050.html

http://www.agrimoney.com/news/speculators-prune-long-bets-on-soy-complex--5047.html

http://www.agrimoney.com/news/igc-cuts-further-corn-and-wheat-stocks-estimates--5046.html

 

 

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2 Replies
jjoseph
Frequent Contributor

Re: "significant supply response"..........its already started.........

It is still drought here in SW Minn ,creeks are dry and some towns are having trouble with there wells.

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c-x-1
Veteran Advisor

Re: "significant supply response"..........its already started.........

MT, just to follow up, i'm expecting an eclipse of  last Wed low by 10-15 handles in S&P probably tomorrow, where there should be strong buying coming in.

thx 

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