|
Buxton ND | Bengal I have no clue where price should be, I do know where they are right now as of Friday's close.
I DO NOT predict price***** I manage the risk of growing crops ON MY STO FARM.
I will toss out price targets where IMO I feel traders will target.
These targets are 100% completely chart based.
Some of my numbers were pretty crazy 2-3 years back.
CRAZY was ANY number MarkWright tossed out, so sent him the bill for your loses
I do not sit back in my office and pick 4.00/4.50/5.00 for a cash flows either.
What the spring RMA price is mean NOTHING to me what I plant.
And my Lord, ITS NOT A MARKETING FLOOR*****
RIGHT NOW THIS RMA PRICE HAS KILLED THE DRY BEAN MARKETS.
Much more so Kidney Beans were there's no prices/NO USDA prices to set ANY harvest price**********
Been some flights to flght in DC about this also I would not hold my breath.
WHITE Kidney's are even WORSE.
I could care less what anyone's COP is, because I've lived thru years where it did not mean Jack.
I've heard this comment by some big names in the market biz the last weeks "I could care less what anyone's COP is" its means nothing if you have UN-priced sitting in the bins an you need cash.
What this come down too, do you want hear what you wanna hear ?
Or do you want hear what you "NEED TO HEAR" | |
|
THUMBS UP Australia ! ! !
