Posted 8/2/2010 23:44 (#1298761 - in reply to #1297647) Subject: Re: Farmers have sold their wheat in record numbers!
perryton, tx
I can tell you that i know many guys who sold across the scale at harvest in the 3.50 range. At that time the news was all gloom and doom for the market and they unloaded it because everybody was convinced that it was gonna be 2.50 before long. I know i sure didnt see this rally coming and am sure glad i still had some wheat to sell.