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Kansas | Last 3 market running days I watched Milo drop from 4.72 to 4.49 closing today.
Before the big scare of today and the dow dropping 400 points at open grain went down.
Today, it went off more after dinner than it did before that when the dow was regaining some it lost.
My lil bit I ever watched it seemed like when the dow went off the grains went up. Today was not a clone.
So is corn on a steady decline down? What happened to this talk about February acreage reports being the day to watch? Is that what the market is priming itself for so when the reports come out it can take off again, gain back what it lost and everyone sell off?
When argentina has weather problems all I ever seen that affect is wheat price.
I get the feeling corn is marching to the beat of it's own drum. New contracts are not a big push. Livestock is trying regain and they can't do it with high priced corn.
I think Bush, Dow, Argentina, and Ag Trader ain't gonna make any diff on Corn's pricing. This animal has a mind of it's own and it isn't giving any heads up what it is gonna do fast, slow, now, or later.
Whatchathink there fellas?
This posting board is a conspiracy theorists heaven isn't it? LOL. | |
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Ok, Before it's 5 pm CST, What's tomorrows predictions?
