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Senior Advisor
Posts: 2,642
Registered: ‎11-02-2010
0

Limit move

This could be the week we see a limit move higher.
Advisor
Posts: 280
Registered: ‎01-16-2013
0

Re: Limit move

or lower

 

Veteran Contributor
Posts: 71
Registered: ‎05-31-2010
0

Re: Limit move

Too soon.  This weather pattern will need to continue for at least two more weeks before we see limit moves.  Traders are skeptical after the last four years.  If and when this pattern continues and plays out then you will see violent moves.  Should be interesting.

Advisor
Posts: 1,014
Registered: ‎05-13-2010
0

Re: Limit move

We are expecting rain chained every day this week in Minnesota. Don't expect a 2012 type rally.
Senior Advisor
Posts: 2,642
Registered: ‎11-02-2010
0

Re: Limit move

Buck. We won't have a 2012 move because we have some inventory

We likely won't have a 2012 yield either

That said we could be closer to a 2012 type year vs a 2016 type year.

That says a lot.

Good luck. I'm enjoying the ride after sweating bullets for 3 years.
Advisor
Posts: 1,014
Registered: ‎05-13-2010
0

Re: Limit move

If your sweating now wait for the next land increase after this fall. Farmers can't stand prosperity, they will bid it into land and equipment every time.
Senior Advisor
Posts: 2,642
Registered: ‎11-02-2010
0

Re: Limit move

Bought two farms in the last 4 years and positioning to buy another.

I'm doing just fine

The sweating bullets come from holding a pile of paper and fill bins for several years. Took longer than I liked to turn it but it appears to have been well worth it.
Advisor
Posts: 1,014
Registered: ‎05-13-2010
0

Re: Limit move

You should be fine now.