Posted 8/8/2010 23:36 (#1307067 - in reply to #1306853) Subject: RE: Overnights at 8:15pm CDT
Looks like the backwardation in wheat is going away tonight. Sept. 10 down 30 plus while Sept.11 is up 5. Tarafarms made a good trade last week taking advantage of the near contracts passing the deferreds. I wonder if markets will give him a chance to do it again?
Overnights at 8:15pm CDT
