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| I don't want to try and out think this current move as the REALITY of a lot of crop will, at some point, take ahold.
I think it is less supply fundamentals and more "out of step" as the trade stood by ready to scoop up cheap beans & the pipeline was a lot emptier than most thought; when you add up the meal + DDGS + Meat & Bone usage the past few years...these markets have a serious appetite for protein & with the hog kill numbers softening...there is less meat & bone--there will be a point to sell all of this stuff & sell hard & then try to anticipate the weather. Same old story. Sometimes I wish I'd had a real job--but this stress is so much fun. | |
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