Beans, Wheat, and look at OATS!!!!!!!!!!! WOW!!!!!!!!!!
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I guess the fat lay who was singing about spring wheat choked on a piece of cake.
Can you explain no limit march Larry?
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If you check the Friday closing prices you will note that tonights quotes are not accurate. Daily limits for soybeans are 50 cents and for oats they are 20, tonights quotes on tradingcharts.com are away above that, even the computors are getting excited.
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http://mgex.com/
Price Limit Update:
The price limit for MGEX Spring Wheat Futures Contracts for Feb. 25 (beginning the evening of Feb. 24) will be removed for the March 2008 Hard Red Spring Wheat futures contract. The price limit for all other months will be $0.90.
If you don't subscribe to a quote service:
e-adm.com
Go ahead Agstar - you can type it - yes you can ...
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In my opinion, all marketers should be selling this market (old crop at least). If your operating loan is zero and you have a good chunk of money to pay for 2008 cropping inputs. Holding grain as an investment may also a good strategy if you can afford it.
Will note the CWB claim to fame is managing price risk by pricing over the entire crop year.
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