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Soybean meal likely to go higher
date:Jul 25, 2012
the new crop, Mr. Harris said. Mr. Beeson said that, between now and October, prices would find a peak where widespread rationing of supply would kick in. The problem: only 20/20 hindsight would be able to clearly discern when that high point has occurred, he said.
The market will peak out when everyones sure it cant go any higher, he said, adding that he doesnt have a price level in mind where that eureka moment will occur, and he doesnt encourage buyers to try to guess the peak either.
He sai

12/22 08:48