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Mascoutah, Illinois | That was a great post on how to use carry. Thank you for posting it so folks can learn and understand.
Tarafarms, how high are we going in wheat? It looks like wheat is dragging corn and beans higher. I did not like the price action in soybeans today. Did November beans make a double top at $10.29? I guess we will know very shortly.
I edited this post because I just saw the seven day forecast for the St. Louis area. We have a 20% chance of rain tonight. After tonight, we have no chances of rain for the next seven days. Temps in the upper 80's to middle 90's. The heat index here on Tuesday was 121 degrees. Maybe my post in the last paragraph about soybeans could be way off base. I will know very shortly.
Edited by djmcountryboy 8/4/2010 21:07
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A little example of how selling carry works
