Posted 9/3/2010 20:23 (#1345526) Subject: Next stop $4.70 dec
SW MN and Gold Canyon AZ
The next resistance point is the june 09 high of $4,70
Good place to sell a little more.
I am favoring HTA's at this point becasue the basis is so wide.
The carry is also good , the market doesn't want the corn early and will pay you to store it. Some july bids over 4.50
I have locked in fert and fuel, I don't trust those markets.
Next stop $4.70 dec
