Combines Will bean prices regain any ground by the end of the yearIJ

[Ilnewholland]

I sure hope they do, because I didn't sell any yet. It's still a little dry in S.A. I think they may need to "buy" a few more acres down there yet. I don't think demand has slowed, because I also sell feed products(ie soybean meal) and people are asking about the price of it but still buy it. The higher cattle prices are helping a lot. Remember what you paid for this, it's just my .02 worth. Ilnh

 

[angus11]

Yes, I believe that there going to take off again. The traders decided it was time to take profit, this was a tech move, they might drop some more, but the crop report comes out the 12th and it should drive the price up again. I read an article that was comparing this to the early 70"s if it holds true we could see big prices and good prices hold for a few years. just my thoughts.