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The tale of 2 bean sales.
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Buck S
Posted 9/18/2018 13:36 (#6994739 - in reply to #6994613)
Subject: RE: The tale of 2 bean sales.



McLeod County, MN
Your like me. You dont know how to read a chart either so you have to guess at selling. The charts said we were going to $12 so I put offers in at $10.25 cash at CHS. I think I got within a penny or two and then the market retreated. I could have let them go for $9.50 after the $10.25 rejection. Then I waited for $9.75, but the price went to $8.75. Then I waited for $9, but the price went to $8.25 and I finally just gave up and let them go. I turned a profitable crop into a small loss, and have nobody to blame but myself. 2 or 3 pennies cost me $2. Talk about being stupid. I should have paid more attention to the market at the time.
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