Dawn, Missouri | Pitt - 7/13/2018 14:16
Back in 06 before the run up there was a bear trap that =lasted about 5 weeks, Maybe we are seeing the same thing now!
One has to remember it is a global market and there are other major producing areas that will have reduced production. Whgat is happening is stocks of soybeans from other parts of the world are being depleted, and your local supply will be called upon This talk of doom and gloom will all be a distant memory not to long from now.
Have a good weekend.
Sounds good to me! How much more bearish news can we get??? Cooler weather coming, rain coming, record crop coming, embargo, tariffs, no body is going to eat anymore? Seen lots of highs AND lows in the June - July period. Romans 15:13 Remember, "a live dog is better than a dear lion"! Ecclesiastes 9:4 |
Soybean monthly chart!
