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| Ok Sat so how do we get to sub $8 beans? We have had 2 monster crops in a row and while many seem to think fundamentals mean we have beans a dollar over priced in this 10.00+ area, we have been in this area for a good 6 months. So we will have to have something fundamentally to push us down in that direction, then let the funds push the last dollar. Funds continuing to add long positions, are they really that stupid? Lots of guys sold out of old crop beans (myself included) and sold a good portion of new crop based on the doom and gloom of sub $9 beans. Something tells me the longs aren't wrong, at least not yet. Maybe we run to $12, 13 bucks this spring and get that 90 mill acres planted, then drop the bottom down to sub 8? Maybe a political falling out ruins demand?
Edited by Deere6 2/19/2017 13:38
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