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rusureofit
Frequent Contributor

Re: TIME.........

Probably should say I'm in central MN

 

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vrbuck
Advisor

Re: Floor Talk May 4

you are exactly right Ken.  When the doctor, lawyers, barbers know the news the market is done.  Some can't grasp that concept of how the market works.

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glenlivet18
Veteran Contributor

Re: Floor Talk May 4

I'm with ttp, generally once the news comes out it's been factored into the market.  The news is always most bullish at the top, and the day the world theoretically runs out of this or that is the day the prices reach their high point.

 

I'm not saying the top is in for soybeans but I think the South American issue has been pretty well played out.  Not sure how much more mileage there is to get out of that.  More short term, it looks like it's going to be another day of selling with oil down hard again, s&p and gold going in the same direction. 

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vrbuck
Advisor

Re: Floor Talk May 4

That is unless you are a pema bull or a super bull,  you then always think grains are going higher.  Damned the person that says it will drop in price.

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jec22
Veteran Advisor

Re: Floor Talk May 4

vrbuck, which is it?  Are beans going to 20 like you said, or are they dropping in price?  You change your mind more than a woman.

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vrbuck
Advisor

ultimate ego stroke

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vrbuck
Advisor

Re: Floor Talk May 4

Do I need to reference if I am talking about corn, beans, wheat or lumber.  Most of everything I have talked about has to do with corn.  very rarely have I talked directly about beans. 

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Farmerjoe79
Senior Contributor

Re: Floor Talk May 4

Well you always think it's going down. Why wouldn't you want what you grow to go up in price.
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vrbuck
Advisor

Re: Floor Talk May 4

because it doesn't............You can make more money in farming if your head isn't in the clouds.

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Mizzou_Tiger
Senior Advisor

Re: Floor Talk May 4

Weather is the single biggest factor in row crop production......having your head in the clouds is very useful if you understand its influence.......

Course you seem to have it figured out......I mean that whole demand stinks and exports are horrible thing seems to be working out.......

Ending soya stocks could be a shocker real soon......
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