The numbers were:
Bullish Corn
Bullish Soybeans
Neutral Wheat
45 Minutes After the Report:
March Corn +13
January beans +23
March CBOT wheat +1
July KC wheat +2
March Spring wheat +3
Corn should be up 20 cents. Do not be selling corn.
If you have any old bean positions, you need to liquidate them now.
What could possibly in the next month make beans go higher than today's high? Many clients are saying their merchandisers' phone line is busy and they can't get through. Sell futures if you are in that position.
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