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MW carving out a bottom?

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  • farming101
    Senior Member
    • Mar 2011
    • 3954
    #1

    MW carving out a bottom?

    Some very fragile indicators of a bottom. Will take strength next week to validate and garner some interest. Not looking for anything too great
    Fly in the ointment: CAD taking a break, shipping backlog
    Last edited by farming101; Dec 1, 2017, 10:58.
    Tags: None
    • Agvocate
      Senior Member
      • Aug 2017
      • 111
      #2
      $6.20 has been great support in the March. Buying it here and risking a close below 6.20 is a pretty low risk play.

        Comment

        • SASKFARMER3
          Senior Member
          • Feb 2006
          • 14485
          #3
          Companies are starting to look at programs for lower protein.

          Argentina is turning dry!

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            • fjlip
              Senior Member
              • Oct 2002
              • 9820
              #4
              Australia expecting TORRENTIAL rains/ could smash a drought reduced crop.

                Comment

                • SASKFARMER3
                  Senior Member
                  • Feb 2006
                  • 14485
                  #5
                  Those rains could take 4 million tons out and Russia’s is having a shitty start to winter

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