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How far out to sell?
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lal cenIA
Posted 7/16/2010 08:30 (#1275513)
Subject: How far out to sell?


Some mkt advisors have been pushing/preaching to make '11 & '12 sales besides having all of '10 sold.

Maybe I'm too conservative, but when I look at the SOI climbing back towards the La Nina factor and the main side bars here telling of dryness/drought in about every other continent, wouldn't that point to maintain the strength of this market?

When I saw the July 1 Illinois areial photos, I saw massive problems. The IA ext. agronomists have been talking of all the N that has been leached out, the top end yld could be cut. Reducing final yld by a couple bu. could have big reactions.

With top yld reduced here, problems in China, Russia, France, and other areas and increased demand in the Pacific Rim, shouldn't our mkt have strength?

I just hope that it doesn't run away because it could kill a good market, but why wouldn't this market strength continue?

I just wnat to know where my thinking is wrong.
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