Nogger's Blog

28/12/11 -- The overnight grains closed mixed with beans down 5-7 cents, corn up 2-3 cents and wheat 3-4 cents higher. Crude oil is fractionally weaker, fighting on arrival, fighting for survival.

There may be a bit more of a chance for rain in Argentina and Brazil in the 7-14 day timeframe, so ev'rything's gonna be alright. Even so 7-14 days away is less likely to come to pass than tomorrow, don't shed no tears.

QT Weather see two more weeks of dryness for Central Argentina, meanwhile "above normal" temperatures remain on the cards they add. Woy yoy yoy yoy, yoy yoy-yoy yoy!

Any changes to the forecasts this afternoon may decide where we finish up tonight. Woy yoy yoy yoy, yoy yoy-yoy yoy! (Again).

Private analysts are cutting their estimates for corn and soybean production in both Brazil and Argentina, although not by huge amounts just yet. "We're trimmin, we're trimmin, we're trimmin, not slashin, we're trimmin in the name of the Lord," said one leading analyst based in the government yard in Trenchtown.

Chicago wheat looks like remaining supported by the still weighty fund short in it, ee little darlin, he added.

Early calls for this afternoon, according to my spirit guide from beyond the grave: "beans down 5-7 cents, corn up 2-4 cents, wheat 3-5 higher. Let's get together and feel all right. Whoa, whoa, whoa, whoa...."