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| This price action has been anything but orderly so even though are reasons for the action the 20/20 HS analysis is that bean prices went up last week and, going out on a limb, have come back down. However, being as there wasn't really a reason for beans to go up so much there is probably no reason why they won't pop back up again especially if 'somebody' thinks they are underpriced. I'm not a real bull (might be full of the output though), but I can't help but watch folks buy the DJ to 17K based on nothing but stocks price and not what it represents.
That's the ticket! | |
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Soybean Sales and Shipments at 1,252 myn bu.. only 447 myn left to go.
