Beans Parabolic

OK, there it is, I said it.  When the November bean contract broke through the 1080 level with 0 fundamentals supporting this move, I felt comfortable calling this move what it is.  Parabolic.  I knew we would have a fierce rally out of the February lows, but this move has exceeded anything which I could have imagined.  Eventually this move is going to catch most farmers on the wrong side which parabolic moves always do.  At some point, you have to close your eyes and pull the trigger. 

Likewise, December corn is now making its move.  There is no resistance between where we are now and $4.45, last summers high.  I expect we will get that far this week.  We are only 20 cents away now.  My suggestion would be to pull the trigger on 25% of your corn when we reach that level.