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Brazil.... sells corn cheap
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emtbd1979
Posted 5/1/2015 09:52 (#4546851 - in reply to #4546830)
Subject: RE: Brazil.... sells corn cheap



west central illinois
Sat - 5/1/2015 08:36

South Korean is one of OUR best customers year in year out,,, and their buying .50 under OUR price,,, IN OUR TIME FRAME OF SHIPPING that a blanking problem going forward*****

Now Brazil corn, another record crop,,,,, my guess would be on MORE acres.
Very weak REAL
Stronger Dollar.
Gives them the EDGE and encourages planted acres.
Its not the first time I've posted about the Dollar/REAL relationship.
*****I guess the Brazilian farmer did not rise his hand to summer fallow*****

Probably more important "mind set important" if your one of those spec fund traders I don't think this give you that warm and fussy feeling all over to buy corn short/mid or long term.
yes we are doomed.
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