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Buxton ND | Brun your comment "We were told all summer that the beans were burning up and there wouldnt be any come fall."
Whether its coffee shop,local,regional or national news this is normal................ The weather channel even had this "burned up" special,,, and ran the show IDK more many dam times,even AFTER the-markets had long topped FOR THE YEAR..... I've been in these type of farm discussion rooms since 2007 and its the same thing EVERY YEAR. This year talk of UNDER 30 bu beans and UNDER 100 bu. national corn averages.............................
Now reality has sit in with most sitting with bins full waiting for that $20 beans. And $10 corn........... Which has turned into a major "deer in the head-lights look" Just as was the case in 1996,2008 and 2011
The 9:30 old opening will til what our trade will be for awhile IF we break 14.63 F beans, IMO there could be piles of stops just sitting under that level,IF selling kicks in we could test 14.52 which is 62 % RT of this whole summers rally.... IF that levels breakkkkksssss theres alot of air under the market.........
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