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I have a question about the soybean rally.
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Midlander
Posted 1/19/2017 11:10 (#5778923 - in reply to #5778474)
Subject: RE: I have a question about the soybean rally.



My experience and gut feeling this entire fall/winter has been slightly bullish. Why? Well The monster crop was known, almost all producers and market "professionals" were bearish. Yet the market couldn't break the way it "should" have. If it can't go down maybe it could go up? Also after last years supposed record SA yields I am skeptical of the spin put out about their weather. Last year this sight and the "pro's" kept preaching perfect moisture conditions and it just wasn't jiving with what I was seeing on actual precipitation maps.
I certainly don't have the confidence or the desire to try and coach anyone to do as I'm doing.
I also have sold every rally we've had for the last year (actual produced bushels) with this one being no exception. SAT is right. Target orders are a wonderful tool.
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