USDA today

[furrowtickler]

Starting to look like the Tabloids. One week they are short 1 bill dus, the next, it's "ah we found it and more"

[bucket]

Markets are saying they don't agree with the USDA as they are green now.

[cottonpicken]

I spend to much time looking for the "rug" that is
going to be pulled out,thankfully it has not come.

I don't think we are out of the woods but everyday it is
getting better and better.

[furrowtickler]

Ya no doubt, the trade carried the market toady. It is a strong sign. Plus I missread the report and seen a limit down corn comment on a U.S. website early this A.M. - jumped the gun.

[Wheatking]

I've been starting to think about Russia and what impact they will have on supply when they come back into the market come summer. I'm not sure if that will be the rug as it still doesn't satisfy the demand for corn, but it still makes me nervous.

[cottonpicken]

So some crude numbers are-

3% above old high of 7.65ish=7.88,3 solid closes and
nothing but air-specs go mental

First fib line 38.2%=10.89?

[joedales]

Here is the Farms.com Risk Management video report on the USDA WASDE report.

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