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Very simplified chart read to me on March Soybeans
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Conan the Farmer
Posted 1/4/2017 22:18 (#5745203 - in reply to #5745025)
Subject: RE: Thanks for showing me some other levels....



South Central Iowa
Fundamentals are not great, I agree Happy. I think your are right in your "safe not sorry" approach. I know looking at that chart that I sure wish I did something to protect new crop on that big top of a month ago. I am going to start shorting in Nov now, so I get some price protection in case it falls apart.... But like you're saying, take a good opportunity and price something!

Edit: Not to say shorting at this price level per se, but when I see an attractive point for me to short as I would anyway. Then I will short in Nov.

Edited by Conan the Farmer 1/4/2017 22:56
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