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October 31 Dan Maltby Marketing Newsletter

October 31 Dan Maltby Marketing Newsletter

Hello Kansas Wheat.

Friday’s poor close left KC Dec wheat struggling, down a dime for the week. Winter wheats…can’t seem to get up through resistance. It takes a long time to chew through very wide carrying charges.

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This spread chart of KC Dec16 42c under KC July17…6c a month storage…Market says we have plenty.

 

 

Click Here to Read the Rest of the Newsletter.

 

Charts and discussions follow, with the goal of giving you useful information to help you with your business. My disclaimer remains the same: these are my sometimes rapidly changing opinions; the markets are quite treacherous; and past performance is no guarantee…dm.

 

 

 

Source:  KAWG