Posted 1/26/2019 17:14 (#7274634 - in reply to #7273931) Subject: RE: Highest local cash soybean price since June 14,2018
SE Iowa
To really get a buy the rumor effect we need to actually have some buyers. Taking a look at the last weeks trade we really just been treading water. Up and down in a nice coil range. Food for both sides.
Low vol. oi steady more or less. Its a toss up of what we do when this stuff hits but i am not in the camp the market “ bought the rumor” yet. Why we this high? Got some wx, jan reports looming, acre questions... we can name lots of reasons. 955 old news and reports will remind. basis still tells the story.
Highest local cash soybean price since June 14,2018
