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Strategy for 2019 Seed Beans?
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Just saying
Posted 11/30/2018 19:10 (#7139048 - in reply to #7138902)
Subject: RE: Strategy for 2019 Seed Beans?


N.W. Ohio
I don’t think I’d discourage the fellow from locking in a price on part of his 19 production? If we end up with a billion or more bu. carryover, these current prices might be looking pretty good come next fall. And while I enjoy reading JP’s posts and learn from them. He isn’t all knowing and right 100% of the time. I just contracted some Jan 20 delivery beans today for well over $9.00. I’ll add another $1+ with a non gmo premium. I can make money at that price. I just have a sneaking suspicion after reading Trumps recent tweet about not really wanting to settle the trade war that come Sunday night/Monday morning we’re gonna see a lot of red on the screen. And if I’m wrong, I’ll sell more of both old and new crop. Blind bullishness has cost me too much in recent years.
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