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Grains up on the overnight again
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coup
Posted 11/26/2007 22:16 (#246414 - in reply to #245815)
Subject: RE: Grains up on the overnight again


USA
The hard part today is trying to figure out what anything is worth. It is mind boggling to me, to look back at what things looked like a little over a year ago and how much things have changed since then.

I have been pondering 08 wheat prices, a $7 plus wheat price sure looks tempting, but if the world wheat crop comes up short prices could be double that price, big crop $2 to $3 less. One thing for sure, deciding what the right thing to do isn't getting any easier. At least with cheap prices and LDPS, you didn't have the opportunity to screw up as bad as you can in today's market environment.

Edited by coup 11/26/2007 22:17
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