RJA super rally begins? 1. Prices are low to b
Post# of 5789
1. Prices are low to begin with, wheat is at cost and most others low as well.
2. Now the media is kicking in on droughts>>>
Historic Heat Wave Sweeps Asia, the Middle East and Europe
https://www.wunderground.com/cat6/historic-he...and-europe
3. The US is quiet about the building drought in the middle of the US, it could change, but Kansas City and had almost no rain in 2 and 1/2 weeks and the next 10 days look relatively dry. Same goes for Omaha, Des Moines etc.The major media is NOT talking about this yet.
https://www.wunderground.com/cgi-bin/findweat...onal%2C+MO
Of course, one month does not make a drought, but, the media can make a mountain out of a molehill. A 30 day hold of RJA should be very productive, IMO. And very little downside risk. IMO
http://www.finviz.com/futures.ashx
http://stockcharts.com/h-sc/ui?s=RJA&p=D&...4067688365