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BA Deere
Honored Advisor

up 27 and up 15

Hoo Wee!  Friday was the only day of the new grain robbery  🙂

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2 Replies
Hobbyfarmer
Honored Advisor

Re: up 27 and up 15

It appears this "dead cat" bounce is being done with a very rubbery helium filled cat.

 

Still long time till planting and way further till harvest.

Stocks on hand will get us to summer, then it'll be a scramble for the bin bottoms and out of position supplies.

Of course we have to run the sharp knives gauntlet of record acres a n d record yields of the USDA and the hanger on "experts" . Oh joy.

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sw363535
Honored Advisor

Re: up 27 and up 15

And until then the FAT guy who manages those funds will hit the pool in a massive belly flop every Friday, selling overpowering numbers of contracts only to buy them back on monday or tuesday, generating the cash he blew on politics in 2020-------------- at least twice a month.

So if you have a basis contract that needs priced pick a wednesday or thursday morning.... or slip it into the overnights like the fat guy does.

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