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BA Deere
Honored Advisor

beans up 3 so far overnight

oh yeah, in the morning they`ll probably change their mind.   A lot of us have beans sitting in the elevator unpriced, $64,000 question is Tuesday`s report will they be up 80¢ or down 80¢?   Ya feel lucky?  Well do ya, punk?  

Why in Sam Hill do they have reports when we got beans sitting in the elevator anyway?    Tum Ta-tum Tum Tums ♫

BADeere_0-1633924009328.jpeg

 

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5 Replies
timetippingpt
Honored Advisor

Re: beans up 3 so far overnight

Just buy a short dated put for a dime and move on 🙂

BA Deere
Honored Advisor

Re: beans up 3 so far overnight

Ye Cats!  West Texas awl is almost $82 up over 2 bucks.   That should be supportive for grains & oil seeds

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roarintiger1
Honored Advisor

Re: beans up 3 so far overnight

Don’t look how beans finished today and you won’t need the tums.

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timetippingpt
Honored Advisor

Re: beans up 3 so far overnight

That SD put was a good idea.

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vinceirlbeck
Contributor

Re: beans up 3 so far overnight

Head and shoulders formation has a low is the lower 10’s and my square of nine has support at 11.35.  Blow through that and 10.00 can get reached.  The lower median line is already in the 10’s.  Hang on for a bumpy ride.

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