| John e.c.MI - 10/23/2011 10:09
I talked to one buyer this week that thought beans were over priced still and that there was nothing positive in the upcoming months for beans. I was about 60% contracted for fall delievery and have the rest in the bin. I would like to see at least a modest return for storing them.
Here's my take, very simple, the downward sloping trend in wheat ceased two weeks ago and it has stabilized and a new uptrend is in the works, wheat is the barometer of grains, as goes wheat, the rest indeed follows.
Maybe to lesser degrees..... |
What's everybodys feeling on the bean market?
