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Sell soybeans now or wait for $10
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bigmoe
Posted 7/9/2010 17:06 (#1266684 - in reply to #1266609)
Subject: Re: Sell soybeans now or wait for $10


ecmn
I suppose a person should be happy with where we are vs. where evreyone said we were going. Just wondering what the thoughts are as far as where we could be going. Talked to the merchandiser today and he said the beans in the southern US are not very good so early new crop supplies are going to be smaller than anticipated. It sounds like there isn't going to be much help to keep the carry out numbers steady until the big harvest in the fall, if all goes well in August. Don't want to be to greedy but this rally may have just begun??
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