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http://www.perspicuousrisk.com/
I refer to the above characters in my thoughts entitled "corn & soybean yields & Murphy" which I just uploaded.
In all respects, these markets are overbought...but less so after today. But, if Murphy continues to attack the wagon train-in selected international areas- and if we do not produce bumper crops...we are going to participate in some wild up & down swings. Considerable courage, or lack of common sense, will be required of speculators willing to ride through these several upcoming crop reports.
Rain makes grain. However, I still maintain 'this season has subtle differences.' The soybean story remains untold. Any observations at this point are meaningless until we make it through August. | |
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RE: AG & GA
