Grain Market
1 response | 0 likes
Started by wglassfo - Dec. 16, 2019, 6:13 p.m.

What does everybody think about the grain market

All I have got is rumours

Some specualtion about the past Russian Grain Robbery comes to mind

Locally I am not sure how we have enough corn for local demand

Michigan is our closest importer of corn

Don't think they had a bin buster

A lot was just finished this past week with some corn still standing and a small amount of beans

If USDA is correct the USA crop is  enough for demand and exports

In other words I doubt anybody knows

Or: if they do they are not saying anything

Some speculation about a missing 300 million bu of corn

Some speculation about investment in commodities if a liquidity crunch or stk market top

Also some speculation about a cycle of no sun spots

Thinking is a repeat of 2019 weather

I don't know what to think

Too much specualtion for me to sort out

Did wheat get any interest from anybody today???

Who in the world needs wheat???

One would think a grain correction [tonite??] is close, but what do I know???


Comments
By mcfarm - Dec. 17, 2019, 1:49 p.m.
Like Reply

Wayne, on the market. We have had a great week. On the bean its 934 and 944 on the march for a turn. close above that a d up we go