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United States | No kidding on these analysts!! I remember in the summer of 2004, I was cleaning out bean bins and the cash price was $10.53. On the way to lunch Sue Martin came on the radio and said she thought beans would most likely go to $14. Being hot outside and the eternal optimist, I left 4000 bu. in the bottom of a couple of bins. They topped out the next day a few cents higher then dropped like a rock. I put 2004 beans on top of them and cleaned them out the next year for about $6. These analysts may be right or wrong, but it is our money they are playing with if you listen to them!!
Edited by seiafarmer 2/21/2008 19:40
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wells fargo on ag markets
