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Central Missouri | Why should they be concerned. I bet the feed mill guys aren’t concerned. You have a nov soybean high in December. That’s happened 3 times in 80 years and those 3 years prices sold into June.
We as farmers need to look at the markets from the buyers perspective not from the perspective of what we want or what we think is fair or what we hope happens.
Look at the bean market from a chinese perspective. South America just harvested a huge crop and the USA had a billion carryout. No worries for the Chinese.
If I was a find guy I’d be looking to new contract lows to lift my short.
Edited by ehoff 4/20/2019 19:41
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Is the carryout priced in?
