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Red River Valley | Not sure if it is negative or positive, seasonal's say we could rally with planting delay's and fundimentals say corn would look heavy at this level. Beans have a story as SC likes to say but if we have a delayed corn does that push more acres to beans, not sure I would not be long or short at these prices IMHO let it rally if it does then sell or short maybe buy some cheap protection. If the report is negitive I think any drop is not going to hold with the seasonals but it could last three weeks. Also don't think that a rally can get legs at this time because farmers are going to sell into it. look's like chopping aroung the $3.65-$4.00 on corn and $9.00- $9.75 beans.
Edited by Tara Farms 3/9/2010 09:52
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