Posted 3/11/2014 21:40 (#3748447 - in reply to #3748355) Subject: RE: Bean rally over?
I thought the old crop bean chart looked worse when it was pointing straight up without a correction for 3 weeks. Even a solid demand-driven bull market needs to take a pause for some consolidation, that is healthier for the next leg up. BTW, I'm not really trying to talk my position, we sold probably 60% of 2013 soybeans in the last two weeks.