Be Still My Heart!

                                The excitement never ends. One of these days we might make a move..........and that's why we continue coming in and performing our duty to do our part when that time arrives.

 

 

                                Wheat basis levels at the Gulf and elsewhere still suggest  that delivery of milling quality will be on the light side....there might be a few hot potatoes laden with vomitixin that could be put on the street. Corn and bean basis levels suggest that deliveries could be healthy. We'll see more activity with rolling out of March contracts the next few days.

 

 

                                There's a lot of fear in the central banking community as even though it appears that there's a media blackout the social unrest in France, Italy and other European countries the coming Brexit date at the end of March might be a gigantic concern and indicative that all is not well across the pond. Any disruption to the financial markets could have a major impact on the flow of the world's grain trade. Hopefully, this is an unfounded fear!  

 

                                                                                                                                                                                               

                                  

 

                                                                   

The information contained on this site is the opinion of the writer and obtained from sources cited within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in current market prices.     

 

 

 

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Steve Bruce

               
Walsh Trading
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