HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Trade war fallout: Soybea... » Reply #4

Response to blue-wave (Original post)

Wed Jul 11, 2018, 12:51 PM

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.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 35 replies Author Time Post
blue-wave Jul 11 OP
louis c Jul 11 #1
hibbing Jul 11 #2
Botany Jul 11 #3
blue-wave Jul 11 #5
Hav Jul 11 #20
LineReply Looking like we are seeing
Wellstone ruled Jul 11 #4
blue-wave Jul 11 #8
dalton99a Jul 11 #9
progressoid Jul 11 #11
Wellstone ruled Jul 11 #12
dalton99a Jul 11 #13
Wellstone ruled Jul 11 #17
lamsmy Jul 11 #30
Wellstone ruled Jul 11 #31
blue-wave Jul 11 #18
Wellstone ruled Jul 11 #22
roamer65 Jul 11 #33
IthinkThereforeIAM Jul 11 #15
Wellstone ruled Jul 11 #27
Javaman Jul 11 #25
dalton99a Jul 11 #6
turbinetree Jul 11 #7
sandensea Jul 11 #10
onecaliberal Jul 11 #14
Guy Whitey Corngood Jul 11 #16
atreides1 Jul 11 #19
Guy Whitey Corngood Jul 11 #21
Canoe52 Jul 11 #23
NickB79 Jul 11 #34
Gothmog Jul 11 #24
SWBTATTReg Jul 11 #26
workinclasszero Jul 11 #28
Meadowoak Jul 11 #29
roamer65 Jul 11 #32
paleotn Jul 11 #35
Please login to view edit histories.