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fair to poor export data and a holiday weekend. A strong finish looks like confidence or I am going to choose to think so.
That way 2012 looks better than 2011 already.
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I do have a good bean contract for fall '12. Just wish the bushel amount had another zero . LOL
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Re: nice finish---- confidence --or profit taking?
I will be happy if '12 ='11.
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Re: nice finish---- confidence --or profit taking?
amen NW,
I have lived through a lot of stagnet marketing years when "profitable" pricing opportunities came only 2 or 3 times a year(for a very few days). And several when you had to meld your marketing with some sort of USDA shuffle and an at home feeding program to find survival prices.
2011 was another good opportunity year! With prices we will share with the monopoly triplets. (fertilizer, seed & entertainment).
Has to be confidence----------------2012 certainly has the potential to equal 11.
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I do have a good bean contract for fall '12. Just wish the bushel amount had another zero . LOL
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Re: nice finish---- confidence --or profit taking?
Always true,
not right or wrong, but too much or too little. 🙂