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Art of the Deal
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IN555
Posted 4/15/2019 16:40 (#7441098 - in reply to #7441080)
Subject: RE: all I can say is WOW.......


NW Indiana
You are letting your emotions cloud your thoughts. I am also become more and more pissed at this administration but I will not allow it to cloud my decisions and thoughts in my operation. So to answer my question you should have been willing to admit price wouldn't be far off of where it is. I will acknowledge your basis point. But what it boils down to is there is a value to every commodity. Until it becomes thought that value has had a long term change than price is likely only going to do so much. So when I hear of predictions of $6 beans etc that tells me either the person doesn't understand or they feel we have a long term change in value. The facts are at this point we don't know the answer to that yet so the market isn't going to price it based on what very well could be a short term surplus.
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