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A Historically Famous Grain Spread


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Jerry Welch, Commodity Insite!
Call me at 406 -682 -5010
Ennis, Montana 59729

Follow me on twitter@commodityinsite

In my view, the most famous and historically profitable grain spread is flashing a buy signal this morning. In the, old days, the 1970s and 1980s when that particular grain spread began to perform in a bullish manner is was a loud hint that something quite positive from a price standpoint was about to unfold. Of course, others will argue my view of what is trying to unfold here today is little more than a head fake. A false signal. And they may be right. Or, they may be wrong.


But down thru history, the grain spread I am referring to has been a leading indicator for the future and what was about to unfold. Sitting here, early in the day and noticing it is trading at a 1 month high is quite exciting. And not long ago this morning on twitter this is what I posted:

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"In my view the, most famous and potentially profitable grain spread in history is just now hitting a one month high though the day is young, Is this a head fake. Or, the real thing?"

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The tweet above was posted at 6:35 a.m Chicago, while grains were still trading. The grains will re-open in about 20 minutes. The day is going to be interesting with that particular spread being the highlight of the day.


If interested in my twice a day newsletter Commodity Insite drop me a line. Simply email me at commodityinsite1@gmail.com. Or, call me at 406 682 5010. And keep in mind there is no substitute for timely and accurate information.


If you wish to know the exact grain spread that I am quite excited about let me hear from you. And do not shrug off so easily my view of that spread. Historically, it has been a leading indicator and a very profitable trade at times. In particular in the 70s and 80s. If you doubt me for one moment, do as Casey Stengal used to say and, "go look it up!"


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About the author


Jerry Welch has been in the futures industry since the late 1970's and is a true veteran of the markets. He has been quoted often in Wall Street Journal and is author of Commodity Insite, one of the longest commodity futures newspaper columns in history. His weekly column has been published each week since the mid 1980's and is one of the most recognized names in the world of commodities.

Mr. Welch is also known widely as a, "so so" flyfisherman.  

His column is published by the Illinois Agri News in La Salle, Illinois, Cattle Today, in Fayette, Alabama as well as Consensus, in Kansas City, Kansas.

He can be contacted at 406.682.5010 for a view of his, "twice a day" market column that includes price forecasts and trading suggestions.

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