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Response to blue-wave (Original post)

Wed Jul 11, 2018, 11:51 AM

4. Looking like we are seeing

the Futures Soybean Prices are at or below replacement costs. Here is something most folks do not know,the price of 8.55 is a price at a Future day in time,and the real ouch is the Cash price paid at the Elevator at this moment. That price can be as much as a dollar a bushel less the the futures price.

What I am watching for and listening for is this,we will be seeing the Bean Harvest start in the next two to three weeks in what is called the Southern Soybean belt. Kentucky,southern Indiana,Tennessee,Arkansas,Georgia,and east Texas. My best guess is Beans drop to 5-6 dollars a bushel cash basis. And by September first,the Bankers will be calling loans.

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Arrow 35 replies Author Time Post
blue-wave Jul 2018 OP
louis c Jul 2018 #1
hibbing Jul 2018 #2
Botany Jul 2018 #3
blue-wave Jul 2018 #5
Hav Jul 2018 #20
LineReply Looking like we are seeing
Wellstone ruled Jul 2018 #4
blue-wave Jul 2018 #8
dalton99a Jul 2018 #9
progressoid Jul 2018 #11
Wellstone ruled Jul 2018 #12
dalton99a Jul 2018 #13
Wellstone ruled Jul 2018 #17
lamsmy Jul 2018 #30
Wellstone ruled Jul 2018 #31
blue-wave Jul 2018 #18
Wellstone ruled Jul 2018 #22
roamer65 Jul 2018 #33
IthinkThereforeIAM Jul 2018 #15
Wellstone ruled Jul 2018 #27
Javaman Jul 2018 #25
dalton99a Jul 2018 #6
turbinetree Jul 2018 #7
sandensea Jul 2018 #10
onecaliberal Jul 2018 #14
Guy Whitey Corngood Jul 2018 #16
atreides1 Jul 2018 #19
Guy Whitey Corngood Jul 2018 #21
Canoe52 Jul 2018 #23
NickB79 Jul 2018 #34
Gothmog Jul 2018 #24
SWBTATTReg Jul 2018 #26
workinclasszero Jul 2018 #28
Meadowoak Jul 2018 #29
roamer65 Jul 2018 #32
paleotn Jul 2018 #35
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