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Fontanelle, IA | It's pretty early on a beautiful Friday morning. I'm enjoying the cool refreshness of less humidity and 60's for the low temps.
You know, you really should go see a Dr. or something. My dad would say that your attitude sucks - "there's only 2 things we control in life - attitude and effort. You choose." You are kind of spiraling right now... although, I am no doctor.
Soybeans haven't hit your $7.50 per bushel target yet. Cheer up. You sold your beans significantly above that low target because you knew and executed as such. Kudos! That's something to be thankful for!
Imagine how that ABC bean trader feels right now that sold those Brazilians the US beans for $100 per ton less than the Brazilian was selling to the Chinese. That's $3.00 per bushel! That poor US trader is selling beans probably at $6.46 per bushel to Brazil! ($8.36 cme +1.10 brazil basis premium - $3.00 discount using $100 per ton). I'm surprised that the US trader can even buy beans that far below the current market.
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6.75 soy target short term.. next 3 or 4 years lots will be gone
