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Goff Kansas | I have only been doing this a couple yrs., but will throw my 2 cents in for the heck of it.. From my understanding, the farmer sold a bunch of corn this week, but late week, sold hardly any.. Prob sold enough for this ralley, or at least for the time frame of this rally.. TO make this short, my broker said continued rallies continue after the farmer quits selling, and the funds can take her up with out a whole lot of effort.. Is that what we saw today, in that for the most part the report was negative, yet we did not close all that bad.. Are we getting ready for your 25 cent rally without much effort from the funds? and will wait for the last one to buy, and knows he is the last when no one is on the other end.. He then looks at the calender and says why in the heck am I buying in mid July?? | |
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December corn 2010
