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| I have about 1/2 of 07 beans and corn to sell. Corn, beans and wheat are all in super bull moves but are extended at this time. This is a good time to sell and yet, during super moves, extended markets can dip a little, recover and stay "extended" for a long time.
We are in unprecedented territory and therefore reasonable to expect unprecendented market action. Unprecedented demand should make for unprecendented high bean, corn and wheat prices. How high? Wish someone would tell me.
Believe someone said government is expected to pass legislation soon that will be in favor of biofuels and thus add more fuel to these super bullish markets. Anyone give me the details about this?
Don | |
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Beans and Corn--On up?
