Bean futures about hit six-week highs today, didn't they? Reasons given were speculative buying because of crop concerns in Argentina.
There's a lack of selling in the market, as a lot of these traders don't want to be short in front of any big potential weather problem in SA. ,
So wonder how much more risk premium will be added to prices, given these supply issues and good world demand? Just wonder what the farmers should think. -- Rob
Re: Global beans
It's like riding the mac bull at the local tavern...... One just never knows what direction it is going to go next...... Next thing you know you are on the ground wondering what happened.......:~)...... p-oed