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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.



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



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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