Jim Meade / Iowa City
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10-01-2015
10:15 PM
8.60 Looks Like A Good Number
If Nov beans go to 8.60 I'll lift my remaining hedges. Might do it at a higher number if I get nervous, but 8.60 is a target. I won't wait much beyond this week, though, and will lift them then in any case.
Corn, I'm not so sure of. Probably lift them pretty soon, as well.
2 Replies
roarintiger1
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10-02-2015
05:27 AM
Re: 8.60 Looks Like A Good Number
It would appear that the Chinese buyers also like this neighborhood of prices.
sw363535
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10-02-2015
09:25 AM
Re: 8.60 Looks Like A Good Number
And it seems the trait rejection strategy worked very well beans are three dollars cheaper without a bumper crop....