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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (52446)6/14/2016 9:34:18 AM
From: E_K_S  Read Replies (2) | Respond to of 67756
 
CORN has had a good bounce from it's recent low. Soybean prices have had a good rally but can that be sustained? I believe in the last 10 days Soybeans has had their longest rally in 43 years so at some point we were just at such low levels that those prices were not sustainable (ie. below cost of production).

I continue to hold Ag Growth International Inc. (AGGZF) which I bought below $20/share. Typically this will peak at/above $40.00/share and they pay monthly. They manufacture and distribute portable and stationary grain handling, storage, and conditioning equipment in the United States, Canada, and internationally

Ferilizer companies still at/near multi year lows but ammonia prices starting to firm up and trend higher.

Not buying and/or selling just holding firm w/ current position in UAN.

EKS