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Oats keeps going

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Published: June 15, 2010

Other than my discussion of beavers below, I have only this to say today: check out this daily Chicago oats futures chart:

Now is not a good time to be short oats

That’s a very cool chart, and one that’s going the right direction for farmers. If you’re a farmer who has his oats in and they’re looking good, your life is getting a whole bunch better every day right now. And if you’re a farmer who can’t get his oats in, it’s probably best to stay away from looking at charts like this for at at least a few days. Meteoric rises have to stop at some point, but that point wasn’t reached today.

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Ed White

Ed White

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