Market meltdown

[cottonpicken]

For those of you that dont follow the nightly stuff.

Asia has crashed.

The nikkie is down 10%.

A bath of blood is brewing.

The last seven days will be remembered for ever.

Tommorow may be the day the music died.

Bye,bye miss american pie.......

[agstar77]

Stop being so cheerful, have a beer!

[agstar77]

On the brighter side Large grain companies are having trouble with getting operating funds more tha a few days out, when they used to get funds months ahead. This fact not rumour.

[Fransisco]

Keep those facts rolling on in agstar.


GENEVA (Reuters) - Business is booming in the trade finance market as exporters and importers return to a tried and tested form of credit amid the chaos of the financial crisis, bankers in the sector say.

Demand for trade finance -- a traditional form of banking dating back to the Middle Ages -- is so strong that some houses say they are turning away business for lack of capacity.

http://www.reuters.com/article/ousiv/idUSTRE4982IY20081009?sp=true

[Fransisco]

Granted the world is in trouble.

We only need the Stock market to stabilize, which will take some time.

If tommorrows USDA report is bullish, (which I think it will be bullish Beans, and negative Corn).

No question Beans could come out with a 20bpa forcast tommorrow, but no news will be big enough to turn around tommorrows headlines of the Global problems.

If we have a bullish report tommorrow, might be a great time to ad positions with the distraction from the rest of the world.

[LWeber]

Soybean yield est for tomorrow a.m.
now way in hell will it have a 2 as the front number.


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[SASKFARMER3]

No way a 2 will be their the crop is poor but not that poor.
USDA out its a .
39

[SASKFARMER3]

Larry I never said the yield would have a 2 in front of it???

I said Beans could a have a 20bpa yield and it wouldn't matter, with the outside forces at work right now.

[LWeber]

Sorry snap

I'm a little like Deyawn

Can we start over now?

[wedino]

I don't get it, Cotton, seems like it's the US$ with all the strength. No way our dollar should be $.85, at least in my mind.