john risk - wheat price direction?, page-115

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    G'day J.Williamson,

    Geez, sorry for the late reply again. I need to check this blog more regularly. Grains tend to move a bit slower than equities.

    I'm actually an employee, rather than a consultant so can't really do too much privately but always happy to help this blog in any way i can, with various questions. I do get access to a lot of growers, traders and paid for data/reports, so hopefully have a good feel for things but you know the deal, when it comes to price, nobody gets it right all the time.

    I can tell you one thing. Unlike most on here who would be straight long a grain index, with full exposure, trading desks don't operate like that and are generally basis traders, e.g. long/short Aussie basis against CBOT etc.
 
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