Posted 11/7/2014 07:24 (#4164883 - in reply to #4164682) Subject: RE: Thinking back 2 years
SA beans hit the market every year in late Feb/Early March, it's a nonstory. The story in beans is with this "projected" 450ish mbu carryout, why are spreads so tight. ****IF****we have a setup like we had in 2014 of record acres and record yields and carryout still ends up closer to 250 mbu I don't like our chances of seeing sub $12 beans very often.
Thinking back 2 years
