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SC Iowa | might take more than one cycle to fully rebuild Brazil interior corn inventories...
that safrinha crop was always higher risk due to weather......had 3-4 years of abnormally good weather and that along with smaller global corn stocks kept encouraging additional acres every year.......now we see what transpires in the next safrinha crop cycle.....
now that we have strong export demand for both corn and beans out of US, it will be interesting to see if beans can garner the bulk of export capacity in the Sept-Dec time period like last 2-3 years.......maybe be find some ways to stretch the system by loading more out of secondary export channels??
it's all good for now.... | |
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