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| I believe you are absolutely correct on your basis thoughts.
From what I gather this morning, the 'smoke & mirrors' comments about Former Soviet Union weather are more or less dismissed as the wheat crop will most likely be reduced one more time & some talk of risk to the large sunseed crop & rape oil & canola trading on fire over night in Europe. Just posted exports & we are now over projections in both corn & soybs. Beans have to be getting a bit snug & notice more are being tied down for next year.
De Ja Vooooo......almost like the days when the Exportklub boys were smuggling USA blue jeans in their luggage.
http://www.perspicuousrisk.com/
Edited by SeniorCitizen 7/22/2010 09:08
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Freezenotis forecast
