‘Time to go golfing?’07/01/2011 - 07/12/2011
It's going to be a rough couple of days for the grain trade in Chicago. That part's clear. Rough enough that traders say "it's time to go golfing."
What isn't quite as clear is, once the immediate reaction from Thursday's USDA acreage and grain stocks reports has dissipated, how the trade will proceed through the remainder of the summer. It depends on a lot of different factors, analysts and traders say.