Posted 10/22/2018 14:08 (#7059505 - in reply to #7059463) Subject: RE: Harvest lows are in.
I wouldn't be too concerned with the meal action for a soybean trader..... the 2 have deviated in an incredible way over the past 3 months. The meal price should come down to the bean price over the next month or 2 IMO. Meal is too expensive vs the beans being too cheap. The Chinese situation makes the upside volatility a scary thing...
Harvest lows are in.
