No guaranteed premium/discount schedule? Not really a contract then. Toilet paper
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Makes a guy wonder why we take the fusarium risk of growing durum. Especially those crazies North of the valley.Originally posted by farmaholic View PostGot a GrainCo text today with spot wheat priced higher than durum. Also fairly decent Nov delivered price...if I knew I would harvest #1-13.5 Px CWRS....I might sign. But then there's the magic "Premium and Discount Schedule" that gets adjusted to suit one side.... a schedule that you can't lock in at the time of early signing....nothing like downloading all the risk.
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MWZ - the hammer has fallen. Will need closes above 625.5 tomorrow and Monday to cancel.
Otherwise look for a retracement
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Ok 101...for the "fundamentally" "technically" challenged(speaking of myself of course...what chart indicator...keeps closing in the lower end of trading ranges? What else?Originally posted by farming101 View PostMWZ - the hammer has fallen. Will need closes above 625.5 tomorrow and Monday to cancel.
Otherwise look for a retracement
It drives me nuts that technical trading lowers the market...but I don't mind a bit if it pushes the market higher.....I'm a hypocrite.
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We got until the 13th in the cycle, timing wise. I expect today will be the intraday high and next week highest close. A split. Somewhere between today's high and the close is the bracket. Missed my sell by 4.5 cents. Thought we'd get closer to 603 chi. Regardless I'm selling the works come the 13th
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The upside down hammer seen in the candlestick charts today is a 50/50 indicator of the beginning of a retracement. Search Bearish Shooting StarOriginally posted by farmaholic View PostOk 101...for the "fundamentally" "technically" challenged(speaking of myself of course...what chart indicator...keeps closing in the lower end of trading ranges? What else?
It drives me nuts that technical trading lowers the market...but I don't mind a bit if it pushes the market higher.....I'm a hypocrite.
Realizing that large players watch technical indicators is the only leg up a guy has some times
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I will agree with that 100% , by far the worst out there for baiting guys ... constantly.Originally posted by SASKFARMER3 View PostCargill .25 cents any month almost 7 April.
Oh how they dangle ahead of the fact the crop is small and the world wheat crop is smaller.
They had a 1 day offer two days ago for $6.35 yellow peas ..... book by end of the day !!!!!!! Lol lol
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