mark guildenzoph 11/30/2012 @ 11:11am
Its funny to the average farmer that know matter what is going on in the market one thing is for sure if its Friday the grain market is down. Today the reasoning is end of the month sell off when analysts just posted in the beginning of week that selling has come to a stand still with the completion of harvest. Last week it rained in brazil the week prior exports were down even with china buying everything they can get there hands on. Oh and lets not forget my favorite the yields are coming in higher than expected ha ha. Thats the best thing about trading paper you just need an excuse to make some money on Friday. I worked at the CBOT and let me tell you gentleman most of these traders have never seen a soybean or an ear of corn minus the grocery store. When you are in control of peoples lively hood I would think that there is more support to the US grain market based on fact than just winging it for the day to get through the weekend. /thanks for the support
Re: Re: Predictable Friday
chad borman 11/30/2012 @ 2:53pm
Amen brother,they mess with our lives with no regret and I bet they also like to eat I wonder if they ever stop and think where their food comes from not the investors they cater to or stop to think about their jobs and what they are trading and where the corn,beans,wheat,cattle,and hogs come from it must be all magic it's just there.
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