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So, what are the trade guesses
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Tara Farms
Posted 3/9/2010 09:50 (#1111935 - in reply to #1111904)
Subject: Re: So, what are the trade guesses


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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