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bean roll-over
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Conan the Farmer
Posted 2/17/2017 08:42 (#5845625 - in reply to #5845567)
Subject: RE: bean roll-over



South Central Iowa
On the May contract, we definitely break I think, it's only $10.44'2. Continuous would be down at $10.36'2 on my using May; probably not today. But yeah, we broke $10.40 on the March and are in a mild down trend. It's mild because it needs to break $9.92'6 to change our up trending pattern. How far is it capable of going? I think it has a hard time getting lower than the 2/1 low, but we will see.

EDIT: Also to add, it is mild because its not a day old and really it is more ugly looking than it really deserves yet, just because of what it did the day before and how big down it was yesterday...... (ALSO, Hopefully I regret using definitely break!)

Edited by Conan the Farmer 2/17/2017 08:52
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