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Cornbelt forecasts
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Mlebrun
Posted 7/17/2010 21:37 (#1277407 - in reply to #1277364)
Subject: RE: another map


SW MN and Gold Canyon AZ
This weather rally doesn't make sense. The weather has been perfect, mid 80's plenty of water, like a green house. Crops never looked better. I would say mondays crop reports show better conditions not worse.
If this market goes up its a gift in my opinion. Buy the rumore sell the fact. I am selling more just because my yield estimates go up every week .
Look at what the carryout in beans will be compared to last year.
These rallies should be sold in my opinion. These are very good levels to make money and if it goes higher sell more of next years.
$4.50 DEC stopped the market dead many times late last fall and early winter.
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