Posted by: usset001 | January 13, 2010

Pricing 2010 New Crop Soybeans

On the first business day of the new year (January 4), I priced another 5,000 bushels of new crop soybeans with a sale of November futures at $10.20. You can find my pre-harvest marketing plan for soybean here.

I had this particular sale in my sights in late November when when the Nov’10 contract flirted with the $10.50 mark for several days. I dawdled and the opportunity passed – &$%#!


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