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I have a question about the soybean rally.
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Itchy
Posted 1/19/2017 08:17 (#5778548 - in reply to #5778474)
Subject: RE: I have a question about the soybean rally.


SW Iowa
I think it is proof a lot of beans were bought off the combine last fall, and more during the winter to meet cash flow needs...Perhaps fully half of the bean crop is off the market in deep pockets and processor's warehouses. They are running it up,,, and then will DUMP at a high enough level to make it worth their effort. Then the next price rise will be the real deal with legs.
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