Originally posted by farmaholic
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Could there be any short covering and a "correction" when combines hit the fields in a general way?Last edited by farmaholic; Jul 30, 2018, 13:42.
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Originally posted by caseih View Postwhats the magic number for new crop wheat 101? you have made me a lot of money in the past , lol
I'm wrong lots
I don't know...to put a guess out now would be a guarantee of being 100% wrong
There's some positives on the charts. That's encouraging.
No one is talking bumper crop among the major exporters except perhaps Argentina's crop which is harvested in December
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Originally posted by fjlip View PostConsumers will just gobble this down, sprouted grain bread[ATTACH]3189[/ATTACH] is healthier...
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Reality is now sinking in across the traders .
Now whoever informed that article in the WP a few weeks back needs to be fired as well .
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Originally posted by furrowtickler View PostReality is now sinking in across the traders .
Now whoever informed that article in the WP a few weeks back needs to be fired as well .
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Got a GrainCo text today with spot wheat priced higher than durum. Also fairly decent Nov delivered price...if I knew I would harvest #1-13.5 Px CWRS....I might sign. But then there's the magic "Premium and Discount Schedule" that gets adjusted to suit one side.... a schedule that you can't lock in at the time of early signing....nothing like downloading all the risk.
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Originally posted by farmaholic View PostGot a GrainCo text today with spot wheat priced higher than durum. Also fairly decent Nov delivered price...if I knew I would harvest #1-13.5 Px CWRS....I might sign. But then there's the magic "Premium and Discount Schedule" that gets adjusted to suit one side.... a schedule that you can't lock in at the time of early signing....nothing like downloading all the risk.
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MWZ - the hammer has fallen. Will need closes above 625.5 tomorrow and Monday to cancel.
Otherwise look for a retracement
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