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Buxton ND | Was another very high priced year in beans,some of the local gray hair/no hair guys were talking about this strong soybean market for the next 2-3 years. They had listened to CHS's power point presentation. I made a comment about having an LDP that fall "if looks could kill" This most have gotten back to the local manager as he had me come in his office and watch the power point "show". When it got done he said "you still think we're going to have LDP this fall" ? ? ? I got up and pointed at the long term chart hanging on his office wall, I said YES show me a year where we have had $9 beans 2 years in row..............
Since last winter I've compared 2014 beans to 2004's,its alittle different,timing alittle different but its sure looks like 2004 to me
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Futures Education
