Posted by oldtanker on May 28, 2017 at 13:33:38 from (66.228.255.59):
In Reply to: CBOT posted by stonerock on May 27, 2017 at 04:38:01:
Quoting Removed, click Modern View to see
As was pointed out in another thread other countries are marketing the same crops US farmers are. It's a global market. I read that the bean crop was excellent in Brazil this year and that has affected the market. From what I understand many US farmers are planting more beans this year due to corn prices. That's going to hit the market too. In my humble opinion I'd be surprised if beans top 10 bucks this year and would not be too surprised if they went under 8. Guy get mad guys, that's just what I think and I have been wrong about things before......last time IIRC was in 1971 :lol: .
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