AgWeb Radio: Midday Commentary 9-15-11

September 15, 2011 06:39 AM
 
Bob Utterback of Utterback Marketing says he received a call from a northern Minnesota producer that claimed 20% of his production will be reduced. (A local situation) The market is not taking into account the fundamentals. Outside information, scary concern, and a desire to retrench positions is in progress by spec traders. Perhaps a panic close today will turn prices around soon.

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