Posted 2/27/2015 12:19 (#4418245 - in reply to #4418144) Subject: RE: yesterday-- dx rally & strength in grains
Poor side of Reno
Tara Farms - 2/27/2015 11:46
well it matters to those that sold there old crop a year ago and are looking at prices on the only beans they will have anytime soon-- new crop and seeing how there is a almost .40 inversion between July and Novy it matters.
July beans are only .15 cents away Novy are .50 cents away from that number. it matters
July beans could have been sold in your range as little as 50 days ago - new crop has not seen that level in basically the last 100 days it matters.
again do you expect the November 15 contract to trade over $10.60 before planting
MGII - 2/27/2015 09:23
jalopy - 2/27/2015 09:12
MGII - 2/27/2015 08:09
dollar has topped
You've put it in writing, I'll hold you to it :)
that's fine
I also said new crop beans will be $10.50-$10.80 before planting
and we will see $5 corn within 12 months
I have very few 14 beanies left unpriced, just some overflow. First half 15 delivery on HTA which should net close to $13 the way basis is moving.
yesterday-- dx rally & strength in grains
