IN555 - 6/25/2018 18:00

June 23 2017 sx17 traded a low of 9.07
June 23 2017 zc17 traded a low of 3.74

I guess if you don't want to pay attention to the tremendous crop ratings and potential for a monster crop than yes its all about politics. The idea of what if we tied the record soybean yield and having a carryover pushing 700 million even with really strong exports can't be in the back of traders minds can it??? Export sales for the 18 crop is way ahead of last year at this time(tune of 134 million!!!) so apparently at this time how much impact are the possible tariff's having???

I guess it is easier to complain about politics than point the finger at ourselves for over producing and under marketing.