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Markets coming to grips with reality.......
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p-oed Farmer
Posted 7/7/2010 15:28 (#1264147)
Subject: Markets coming to grips with reality.......


The last few weeks (IMHO) These markets have been trading perfect production world wide...... There was no weather premiums at all in these markets....... The only thing that was holding them up was something call demand...... This demand has been consistently underestimated by the trade....... All we need to do is go back to trend type yields (158 to 160) on the corn and we will have to ration usage...... IMHO..... This corn market is a missed rain from going much higher..... Soybeans are a different thing..... We are 2 to 3 weeks away for them being in trouble production wise.......p-oed
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