Had to shorten the subject line, so changed the post number.
I hate this new forum on following a thread !!!
[my Q's or comments]
corn down another 8% [please explain, was up 5 % today]
more than the trade expected [please explain]
near term forecast still bullish [weather or corn ??]
heat returning, as per a previous post
just not 106 everywhere!
On the Ng post of 7/1:
On this: the heat breaks in the E and NE I felt it would be too little, too late to have much of an impact on Ng price.
With that said, major usage
has been non-stop in the Midwest. That's why I said strength.
I felt that with the heat, the mid west coal plants were going full bore (their major source of power) and that Ng burn would have fallen back to normal load following and peaking thus reducing Ng consumption a bit.
Anyway, that's why I firmly believe in "discussion".
Keep in touch, these markets can be "beaten" if we put our "heads together" !!