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bean prices crashing
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Ed Winkle
Posted 7/24/2012 07:27 (#2502850 - in reply to #2502788)
Subject: Re: bean prices crashing


Martinsville, Ohio
This market talk but I would add what I said below it smelled like profit taking by the funds. I have learned when beans go up that fast they will come down faster. There is concern there will not be enough beans in the world for protein this year. If you don't want to miss a move in this new trading market, I would put in a bid of what I think I can sell at a profit I am willing to take and try to not worry about the sky is falling and the world is ending. It's a long way before this is all over and no one knows how it will all shake out.

Ed
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