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The market worry in beans is just about over guys.........
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white shadow
Posted 9/2/2015 12:24 (#4766211)
Subject: The market worry in beans is just about over guys.........



East Central South Dakota
My insurance guarantee in beans is $375/acre. $375 / $8.69 = 43.15 BU/acre..... Time to sit back boys and relax as most of the damage has been done and a pretty good argument could be made with the farm program we are now making money. I guarantee that in the land of -,90 to -1.05 basis in beans a lot of boys working on their flex heads are making them cut worse not better if they are in insurance. I have seen it a hundred times. A bushel on the ground is worth a dollar more than a bushel in the truck once your in an insurance position and this price is pushing a lot of people into a insurance position. We are losing hundreds of thousands of beans on the ground-----I wonder if we will do a pro-farmer harvest loss tour ? ? ?
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