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Soybean sales - damage control
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ehoff
Posted 2/3/2008 12:38 (#299949 - in reply to #299942)
Subject: Re: Soybean sales - damage control


Central Missouri
Paul, I believe that is true also but the thing that gives me pause this time is that it is a demand driven Bull. As long as demand stays strong this market will probably stay strong. With that said I priced a few last week and if I feel the technicals are looking bad I may price more. The one thing I continue to take myself back to is that in the last 27 years we havn't made a front month high in beans in dec/jan/feb/or mar. This means that sometime april forward we should have a higher bean price than we have had so far this year. It's not out of the question either that we make a front month high in april and new crop nov doesn't.
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