I agree they won't because the Americans wouldn't approve if they were wrong, I think its just words from them. Unfortunately the question now is will Russia actually actively sink (Not it hit a mine we left) a merchant ship to prove their point rather than this just being to ward off ship...
I think it could be the start of a bullish run with just enough factors to tip the markets:
- I don't think the grain deal ending factored in the unfortunate scorched earth tactics that Russia adopt
- reduced inflation has has pushed most markets up on hopeful economic growth (FTSE 250 up 3.8%...
Not sure if many have seen this or not but up to Tuesday this week there was an enormous drop in short positions by managed money on CBOT which indicates the reason for the sudden gains and may provide further bullish sentiment in the short term
We run metcalfe legs on a Omnitil and rate them really highly. We're not on abrasive soils and have covered around 600 acres on a 2.5m machine without replacing any metal (and no ferrobide tiles on) other than 2 sets wing top wear plates which are ~£25 each
I don't think it'll drop short term and this might be the big turning point. Normally for the long weekend people sell off to avoid the risk but it was up 4% even with a little afternoon sell off which is considerable even without the previous days large gains. Also interesting is the managed...
It's an interesting take, maybe that coupled with the excessive shorting has been the spook to shift the market the other way as people panicked out of their short positions and it becomes a self fulfilling event.
Wheats going mad in the US going into a bank holiday up 4% today on top of yesterday's 5% gains. London seems to be lagging quite a lot even though the pound has gained a little.
Wouldn't have thought it would spike by 5% without some sudden news. I think the market is really over shorted and started to see a little shift last week to more bullish sentiment but without a USDA report, end of the month or worldwide event its seems a little much for the market to be spooked...
Went yesterday after going for the first time last year and I think it's a really great show as you get such a variety of stuff. I like trial plots as you get to see everything (we went to look at hybrid barley for the first time) even though it had droughts off and completely different soil to...
The grill part of them is a heat sink to take heat away from the resistors which act to increase resistance in the curcuit to the levels of normal bulbs so that they show up on the dash for trailer indicators.
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