beans
11 responses | 0 likes
Started by mcfarm - Feb. 25, 2018, 6:58 p.m.

unlike vandy I will give an actual factual trading tip that you could use...beans to open very strong....10 plus  ...or beans

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Re: beans
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By Vandenplas - Feb. 25, 2018, 10:08 p.m.
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Have you hedged your beans yet, or are you waiting for $20?

Re: Re: beans
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By Jim_M - Feb. 26, 2018, 8:04 a.m.
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I'm not quite ready to get on the buy train.

"USDAs soybean export goal for the year is 2.100 billion bushels, currently sales are 1.643 billion. Total sales are 78% of USDAs goal while normal is 91% sold by this time in the marketing year. If the US does not pick up the pace, we will miss USDAs target by 273 million bushels."

By mcfarm - Feb. 26, 2018, 10:48 a.m.
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usda has not factored in huge negatives from argy yet

By bcb - Feb. 26, 2018, 11:22 a.m.
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NOT USDA, better HOPR China hasn't factor in and comes here to but more. Jim is right the pace is going to have to pickup.

By mcfarm - Feb. 26, 2018, 11:37 a.m.
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By Jim_M - Feb. 27, 2018, 10 a.m.
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Brazil's bean output projections have been raised to 117 mmt.  

By mcfarm - Feb. 27, 2018, 10:13 a.m.
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perhaps that was the turn around yesterday....

By mcfarm - Feb. 27, 2018, 10:36 a.m.
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By bcb - Feb. 27, 2018, 10:53 a.m.
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Let's see if a bull trap occurs today.

By bcb - Feb. 27, 2018, 2:32 p.m.
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Big drought and beans are up 2 cents for the week. Yesterday and today sellers on the rallies. Some say Brazil hedgers.

By mcfarm - Feb. 27, 2018, 2:52 p.m.
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this week has not panned out to my liking....so far anyway