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I think the bean complex are is next big story to the upside.
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Conan the Farmer
Posted 6/12/2019 10:26 (#7554838 - in reply to #7554812)
Subject: RE: I think the bean complex are is next big story to the upside.



South Central Iowa
Fund shenanigans again... oh no, can’t go up on report, everyone be afraid... boom! big up next day on nothing particular, hahahahaha!!!!

Not the weather, not the fundamentals, not the charts; just the money, the way that it needs to move, and the way they wanted it to move all along. No other reason than money and their desire. They do the same thing on sell side too. It afflicts beans more than corn or wheat. They like how big the moves are in soy. 5c is a big day in corn, 20c is a big day in soy, lot more money to be made on a 20c move. Hedge pressure is far smaller in beans.
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