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True rally is just started,
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Buckwheat
Posted 8/5/2010 14:34 (#1302170 - in reply to #1302143)
Subject: Re: True rally is just started,



Looking at Dec 10 and Dec 11 Chicago wheat now 10 cents inverted..................
CRP BID prices for upcoming Bid are being scaled back aggressively from what I have heard, am waiting from my FSA to hear on some acres I would like to bid in,,,,,,,,,,,,,,,,,,,,,,,Is USDA trying to keep acres OUT of CRP all of a sudden??????

I am tending to agree with you in regards to the rally REALLY beginning now as futures are beginning to become inverted,,,,,,,,,,,the next BIG clue will be basis bids getting better........................Will the US actully see increased tenders?

I am 10 days from HRW harvest and 2-3 weeks from Durum and HRS......all looks to good yields, pro who knows?? If I had my grain in the bin I would feel better selling,,,,,,,,,,,,,,,,5 minutes of Hail would take care of my whole harvest!!!!

What a CRAZY FRIKKEN TIME we are experiencing..........................looking back later it will look even crazier!!!!

Dont count your chickens till theyre hatched!!
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