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Sat...what price do you call cash soys bullish
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w1891
Posted 5/24/2013 19:11 (#3115658 - in reply to #3115570)
Subject: Re: Sat...what price do you call cash soys bullish


S Illinois
I will say though total China imports were reduced from the initial USDA S&D estimates to the final, but every time they were reduced less than the world ending stocks were reduced. So I guess in a roundabout way China demand was reduced but they never had actually bought the physical beans to cancel, USDA just overestimated their initial demand.
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