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Thinkin of planting beans
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Palmtopper
Posted 5/23/2019 12:00 (#7515399)
Subject: Thinkin of planting beans


SE Iowa
Get them sold...if feel that I am wrong then buy a short dated Aug call to protect...Got to protect now..

We planted 89 M acres last yr and under this usda plan this is the max acres that could go to beans. I am not saying this will happen but I don't think the market has this figured out yet.

Guys need to do the math with $2 vs PP but this is the risk that is ahead of us. Rev Insurance and arc/plc payments will come into it too

SH 2020 trading @ 8.72 Not saying do it today but consider doing something.

These are the cards we are dealt and now we gotta play with them.
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