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NE SD | I think Roach still thinks there will be a pullback on prices yet to come but I get the feeling he was very surprised by a bearsish report last week and the market went up. He just keeps saying sell what you can not store for a reasonable cost. I know everyone and there dog thinks we will have to buy acre next year and that prices will be higher but look guys we are already at 4.0+ corn and 10.00 beans. I just cant see how exports and demand will fall off at these levels. If we were at six dollars beans and 3 dollar corn then I would say yes they should go higher. They may and probably will go much higher because I just sold some beans again today.
Jerry | |
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