Posted 1/26/2019 10:43 (#7273842) Subject: Highest local cash soybean price since June 14,2018
N.W. Ohio
I made some sales yesterday of old crop soybeans and will be prepared to make substantially more sales of both old and new over the next few weeks if the market continuous to rally. I think Rob made a very valid point in the post below about Post Trade Deal. Many of us have been saying that it's odd the market has been holding up this well considering a projected ending stocks of 955 mil bu. I know some have expressed the opinion that number is going to decline substantially and I surely hope they're correct. Me, on the other hand have a hard time seeing how it doesn't grow larger yet as we move through the year. I have been burned so many times by getting way to bulled up and passed on the cookies as they were offered only to have to survive on the crumbs that were left for me later in the summer. This year by golly I'm enjoying the taste of fresh baked cookies!! lol
Highest local cash soybean price since June 14,2018
