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Tip of the hat to the bean and meal bulls
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donmoffat
Posted 10/28/2014 03:16 (#4148239 - in reply to #4148171)
Subject: RE: As I said late last week...


not even close to the Sept squeeze this is a Dec option with 6 weeks till expiry crushing plants are full of beans now vs not having any this is not a short squeeze this is a demand pull! sold one Dec meal at 393.00 have another order at 401.00 Beans are 50 cents undervalued for where the products are, bigger crush margin plants can raise the basis for beans immediately
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