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Aggresive seller of 2017 New crop Beans????
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Bengal Stripes
Posted 1/28/2017 13:18 (#5800232 - in reply to #5800185)
Subject: RE: Aggresive seller of 2017 New crop Beans????



All the media/analyst reported knowns tend to have a bearish bias to them and yet here we remain, $10+ In both old and new crop soybeans. I couldn't argue against selling beans at these levels because they are profitable. That said I would have some sort of options strategy in place. Use of all Ag commodities is massive. A 5% below trend yield (which is mathematically certain to take place some point) and prices will likely rally significantly.
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