Edamame

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September 12, 2011 - 12:19pm

#22

Turd Ferguson

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Art, you out there?

I've been waiting for beans to pull back to the top of the old range. Got it this morning.

Just bought some Nov $14 calls. Fingers crossed.

September 12, 2011 - 1:48pm Response to: Art, you out there?

#23

Art Lomax

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Turd

I'm out here on and off. Posted this on the corn thread: "I got some Nov beans at 14.10 and 13.98. Nothing on the corn. USDA confirmed lower corn yield this morning, market was already trading it, thats why no rally. Next month report may lower harvested acres. Corn looks like it will be in a trading range from 7.25 to 7.75 for awhile. Agree there should be good support for beans at top of this old range. I like the fundamentals too, feel like this bean crop has been hurt by heat and dry weather this summer like soybeans. Dollar strength hurting the grains now. Corn back green, up 7-8c. Beans bounced off the lows.

September 13, 2011 - 11:45am

#24

tallydynasty

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Position was added too today.

Position was added too today. Looking at adding some stink bids for the overnight thin market......any good spots on a stinker? NOV 1378, 1371 maybe?

September 13, 2011 - 12:02pm

#25

Art Lomax

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tally

Adding a little more on the dip right now, 13.84

September 13, 2011 - 12:55pm Response to: tally

#26

Turd Ferguson

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Frost?

I emailed my local TV weatherman this morning regarding frost in IA or Thursday. Here's his response:

Hi Turd, given the location of the high, clear skies, light winds, I would say all of Iowa experience frost and possibly a freeze in northern Iowa while the eastern half of Nebraska could have widespread frost, the western part of Nebraska will likely be 40 to 45 degrees.

September 13, 2011 - 1:06pm

#27

Art Lomax

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Market ignoring frost threat ?

I mentioned this frost forecast earlier. Weather services I read have freezing temps in the northern corn belt (MN, NE, Dakotas, northIA) for Thur-Fri. Market not worried about it today. Crops are late and subject to damage, not necessarily yield loss. Just adds to the excitement of grain trading!