East Central South Dakota | I think definition of "positive reaction" has to be clearly defined in todays markets. We want to see a dollar reaction when today 30 cents outside of the trading range would be positive in today's "supply". I still feel we are in an atmosphere where you have to be disciplined sellers on rally days outside of the trading range. This market at todays supply levels will be slow to trade a drought in a Rain Forest. The spread trading and structure developing is becoming interesting, however. I still say the sleeper issue in Brazil will be how exports competes with the resources it takes to host an Olympics and the post Olympic hang over on the economy.
EDIT---- you can loose more tons of grain to wet during harvest, than dry growing in Brazil.
Edited by white shadow 1/24/2016 20:23
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