Speculators are getting out of Market.

[SASKFARMER3]

Speculators Cut Holdings to Lowest Since July 2009
Speculators decreased wagers on rising commodity prices to the lowest since July 2009 amid concern that Europe’s inability to contain its debt crisis will crimp demand for raw materials as global growth slows, says a story from Bloomberg.
Money managers cut combined net-long positions across 18 US futures and options by 25% to 562,508 contracts in the week ended Nov. 22, Commodity Futures Trading Commission data show. That’s the biggest decline in eight weeks and the lowest since July 14, 2009. Corn wagers tumbled 25%, the most since June 2010, and bets on lower copper prices doubled.
About $4.6 trillion was wiped from the value of global equities this month

[SASKFARMER3]

Exactly the same amount our crops have devalued over the last month. Ha funny how that happens.
Fert dropping by 25% would be nice.
I haven't booked any thing yet and are telling all companies to stick it where the sun doesn't shine. Sharpen your pencils I have to, So you do to.

[wauchope]

I wonder if this will have an effect on land prices in the near future?

[cottonpicken]

For what its worth,some traders use oats as a
guideline,oats knows,is the saying,as stupid as that
sounds.

Anyway,we had good action in that market with a big
jump right on a support line with strong volume.

My worry is a change in margin requirements,that
would screw us right up.

[cottonpicken]

Speaking of oats.

This could/probably be a 100% spec play.

http://charts.insidestocks.com/chart.asp?jav=adv&vol=Y&grid=Y&divd=Y&org=stk&sym= ZOZ1&data=A&code=BSTK&evnt=adv





Hell ya the lows could be in!

[cottonpicken]

Wtf?that link went goofy.

reclick daily charts when you get to it

[charliep]

[URL="http://charts.insidestocks.com/chart.asp?jav=adv&vol=Y&grid=Y&divd=Y&org=stk&sym= ZOZ1&data=A&code=BSTK&evnt=adv "]December oats[/URL]

If you have a Mac/IPad/maybe some of the other pads/smart phones, you need to stretch the link so it appears on one line. Otherwise you have a hard return.

You link actually worked when I clipped and pasted so you likely did this. Just too long a line.