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Floor in beans
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WeaveFarmer
Posted 2/4/2016 06:39 (#5087087)
Subject: Floor in beans


Boone Co. Iowa
Report day, January 12, March beans closed at $8.74 and a half, Nov. beans closed at $8.86 and a quarter. Yesterday, both of those markets traded down to (basically) those numbers, both closed just above those.

I guess I am seeing the neutral report from the 12th, and both corn and bean markets as holding steady as a pretty good thing. Overnight markets look green as I type this.

Feels like some buyers would step in at those prices.

EDIT: Sorry looks a little cluttered!



Edited by WeaveFarmer 2/4/2016 06:45




(Soybean Only0316.png)



(Soybean Only1116.png)



Attachments
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Attachments Soybean Only0316.png (160KB - 103 downloads)
Attachments Soybean Only1116.png (152KB - 104 downloads)
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