Posted 12/5/2018 19:26 (#7151398 - in reply to #7151000) Subject: RE: Since no one is talking about soybeans: /s
Starbuck Manitoba Canada
Don't despair. In555 chart could be a bear trap where everyone thinks it has broken very long term support, but in essence it will reverse and head higher. This happened on the weekly in mid 2006 and price took off and made new historic highs. I am not saying it will hit new highs if it is indeed a bear trap, but $15 is not out of the question.
Don't get to aggressive on pricing unless it is a profitable sale. Who knows maybe a volcano erupts somewhere and production world wide declines for a few years.