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Wheat Fronts gaining on deffereds
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SeniorCitizen
Posted 8/2/2010 00:07 (#1297402 - in reply to #1297322)
Subject: Re: Wheat Fronts gaining on deffereds


Yes.

Trend arrow points up.
A lot of discussion about value......& fundamentals. Fundamentals have changed.

Finishing a study for a long time Asian client......have a couple of things to yet confirm.....these beans continue to harbor my interest.

Value. No one yet knows. Still have august weather....still hot in parts of Europe....still a lot of unknowns.

I am not predicting....I like to just hang on to upside or downside until things get a little out of hand. I see no conversation yet about corn gap above $6.14, wheat above $9.05 & soybs above $12.67.



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