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Conan the Farmer
Posted 3/14/2017 09:13 (#5898456 - in reply to #5898421)
Subject: RE: History repeats?



South Central Iowa
It was a repeat Jon. It was a similar cycle that began at a higher level. I made very clear that it was a hypothetical and not meant to be a marketing plan. It required a fundamental kickstart; ie a minor drought. But it was part of a post to show that our market was coiled. There is energy below us in the $9.70's that captured our harvest low and help explain, along with great exports as a fundamental allowance, why we did not fall down to the $8's.

This is the chart Sat doesn't include. It shows how those lines caught our low.



(SoyMonthWeekSpeedFork.png)



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