Hi Charlie,
An interesting thing happened down by the great lakes Friday!
"The MGEX July contract, which expires on Monday July 14, surged nearly $1.00/bu on Friday but had very limited volume of just 9 contracts. The September contract kept with the trend of CBOT and KCBT contracts, falling 13 cents on the day."
Any guesses who was playing in the market and got caught?
And growers wonder why grainco's won't trade July Canola in July??? Neither would I.
Funny how this does not happen in Canola!
Cheers!!!
An interesting thing happened down by the great lakes Friday!
"The MGEX July contract, which expires on Monday July 14, surged nearly $1.00/bu on Friday but had very limited volume of just 9 contracts. The September contract kept with the trend of CBOT and KCBT contracts, falling 13 cents on the day."
Any guesses who was playing in the market and got caught?
And growers wonder why grainco's won't trade July Canola in July??? Neither would I.
Funny how this does not happen in Canola!
Cheers!!!
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