Posted 4/6/2018 11:16 (#6691351 - in reply to #6690816) Subject: RE: Will the Soybean Tariff Help or Hurt
SE Iowa
Thing is Brazil has already raised thier premiums on beans via basis this week making thier beans about $475/tonne..vs US $456/tonne. Who has the better deal now?
Take away here is the common misconception is that our competitors are going to sit still and not take advantage...they see opportunity.
btw anouncement sales 598K beans this morning...with more to come. Stay tuned.