| purplepride0 - 7/22/2014 12:09 You guys have had a pretty good bead on things lately. We have some coverage for 15 Soy on, but my guts says we should do more. What are your thoughts?? Patience has not been a strong suit so I try extra hard to make sure I'm not being irrational. Hi Purple Pride, Thanks for the comments. Like Pitt has mentioned, we violated some pretty serious trendlines recently. Its a long time til X 15 is in the bin, and I think that prices by then will not be double digit. That beings said, prices do not move in straight lines. We have expended an huge amount of energy in the last month, and I would not be surprised by a 50-70 cent pullback as we rebuild energy. That would be my preferred place to take care of more business. But you know your risk tolerance better than anybody. Good Luck. |