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Soybeans/dollar
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frytownfarmer
Posted 10/9/2019 01:29 (#7779808)
Subject: Soybeans/dollar



Frytown, Iowa

soybeans against the median line of the mod shiff

dollar should start getting weaker here as well

 





(Screen Shot 2019-10-08 at 11.42.56 PM (full).png)



(Screen Shot 2019-10-08 at 11.44.58 PM (full).png)



(Screen Shot 2019-10-09 at 1.28.47 AM (full).png)



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Attachments Screen Shot 2019-10-08 at 11.42.56 PM (full).png (56KB - 227 downloads)
Attachments Screen Shot 2019-10-08 at 11.44.58 PM (full).png (85KB - 227 downloads)
Attachments Screen Shot 2019-10-09 at 1.28.47 AM (full).png (88KB - 169 downloads)
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frytownfarmer
Posted 10/9/2019 02:07 (#7779814 - in reply to #7779808)
Subject: RE: Soybeans/dollar



Frytown, Iowa

the bullish side...

since the last low... every 4 years we have had a nice run up in soybeans...will 2020 be the year?

 





(Screen Shot 2019-10-09 at 2.06.05 AM (full).png)



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Attachments Screen Shot 2019-10-09 at 2.06.05 AM (full).png (68KB - 95 downloads)
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frytownfarmer
Posted 10/9/2019 02:20 (#7779817 - in reply to #7779814)
Subject: RE: Corn



Frytown, Iowa

probably about as exciting as years past... still in this $2 range from 3.18-5.18 and before we have floated post harvest 3.50-3.80.... I would expect the same this year only a range of 3.90-4.30

this price on the near by and a $4.20 new crop bid could buy enough corn ac next year that creates the event for a large run up in soybeans in 2020 





(Screen Shot 2019-10-09 at 2.20.19 AM (full).png)



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Attachments Screen Shot 2019-10-09 at 2.20.19 AM (full).png (63KB - 88 downloads)
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NoDakFarmer
Posted 10/9/2019 05:30 (#7779861 - in reply to #7779817)
Subject: RE: Corn


SE ND
Thanks for the nice charts Fry. I have been thinking that the dollar checks out 104, but the dimensions are really at war there. At some point they'll need to realign.
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GOMSK
Posted 10/9/2019 05:55 (#7779880 - in reply to #7779861)
Subject: RE: Corn


I can see 105.24 as possibility in dollar. And am waiting for it.
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maydel
Posted 10/9/2019 18:27 (#7780751 - in reply to #7779814)
Subject: RE: Soybeans/dollar


Theodore, Saskatchewan
Seriously screenshots at 2 am ???
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TFH9510SH
Posted 10/9/2019 06:32 (#7779923 - in reply to #7779808)
Subject: RE: Soybeans/dollar


Trempealeau County WI
Thanks for sharing your thoughts.
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KevinM
Posted 10/9/2019 06:37 (#7779928 - in reply to #7779808)
Subject: RE: Soybeans/dollar



SE IL
Thanks for sharing. Can you give some thoughts on dollar direction?
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feelnrite
Posted 10/9/2019 06:48 (#7779949 - in reply to #7779808)
Subject: RE: Soybeans/dollar


northwest tennessee

The fed and Trump keep talking dollar intervention. They want the dollar cheaper so it is coming.

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JC STONE
Posted 10/9/2019 08:09 (#7780089 - in reply to #7779808)
Subject: RE: Soybeans/dollar


So will price continue to crawl up the median line or will it set back for a bit?
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IN555
Posted 10/9/2019 08:18 (#7780104 - in reply to #7780089)
Subject: RE: Soybeans/dollar


NW Indiana
Looks like it went through it after he posted. Lots of things setting up for potential fireworks the next couple days. China trade talks with maybe a "partial deal", WASDE tomorrow and a major winter storm coming. Volatility is likely. 4.20 and 9.70 as targets???
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ironbob
Posted 10/9/2019 09:10 (#7780172 - in reply to #7780104)
Subject: RE: Soybeans/dollar



scil
Perfect storm?
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JC STONE
Posted 10/9/2019 09:33 (#7780198 - in reply to #7780104)
Subject: RE: Soybeans/dollar


My cynical side says USDA will spoil the party for a couple of days
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