Posted 8/24/2014 11:12 (#4035544 - in reply to #4035445) Subject: RE: A lot has been written in the last few days about the Sept. Beans so I have a question
Alberta Farmer - 8/24/2014 10:19
To those who say buy, do you think you have information nown which wasn't available to the market last week?
That is an excellent point Alberta. I think the one thing that is changing almost daily is that the huge new crop bean harvest keeps getting pushed farther and farther into the future. What may turn out to be bearish SX (plentiful August rains) is probably very bullish to anyone with the few remaining bushels of OC supply. Their time will definitely run out within the next 30 days but they are in a strong position right now.