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Buxton ND | Tweg PLUS A MILLION on this comment
"I think there is a major game being played behind the scenes with our exporters & China."
After this is all said and done next winter,the #'s on bean imports are going to surprise EVERYONE,,,EXCEPT the commercials....... They clearly have the edge here guys.............
Lets think out of the box
China bought too many beans from us this year.
Commercials finally put some teeth in those contracts.
China can't cancel.....
Their ports are backed up with our beans AND SA's
China needs to sell some of those beans else where.
What better way to make money of those beans then buying beans and driving the price higher ? ? ? Evening trade HAS BEEN strong has China's market opens many times in the last 2 weeks,Maize has seen this also. No clue what the rules are on China buying beans on Lasalle street,but I'm sure they could find ways around it............. | |
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Spreads that make you go huh?
