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NW Indiana | I'll name all the targets you want once you give me yield. Look at my post above, I laid out some targets already. Have stated several times this year of likely price targets depending on what happened with the fundamentals. I have said it before and will again, it is all about soybean yield. Demand growth for soybeans is one of the few stories for the bulls in the ag complex, many are complacent on how big this story can still be. The market is a very complex mix of technical, fundamentals and other outside forces. The one thing basically everybody does understand in agreement is supply and demand. The supply is determined in short windows and demand is determined in a long window, the stuff in between is the noise from the technical and other outside forces. You can learn from history(a chart) and history does tend to repeat itself but in no fashion does it predict the future. | |
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