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Wheat prices to top $10/bu says Goldman Sachs.

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    #11
    If Goldball Sacks says $10 wheat, I will gladly sell for $8.50. The minute i hear shit like that it is time to fold the cards IMO. Just like $20 beans - They will be $10 before $20.. Just like oil was going to $200 - who said that ?? Wheat in '08 was going to $25 .. Reality bites, kicks and screams sometimes. I hope I am wrong, but my gut says sell.

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      #12
      Canola should stay above $13? technically -yuup. Will it?
      One pull of the rug from some b/s move in China or the finance markets and 13 will be an unlucky number. Yes we can lock the bins, and maybe force basis levels to a good positive but.... Futures will take their own course regardless of production - good or bad.
      Seen this movie a few times.

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        #13
        The move nobody has seen in the history of the world
        is a paper based currency losing reserve currency
        status.

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          #14
          Cotton if this happens to the currency what would the grain markets do?

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