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| Well, these markets are the craps. I sold new crops back a month ago or so, but not enough to really matter. Just curious what the skinny on china is, are they slow playing the market, are they good on grain levels, or are they sourcing grain from SA or other locations? They cancelled the soy order, did they fill this with other sales? Do you all expect demand to pick up with livestock, grind for ethanol/biodiesel, exports and mills? I for one think we are trading at a higher national yield than what's really out there (maybe 3-5 bu) but if we don't get a booster shot to demand, I don't know that it's going to matter. What are your thoughts? I'm hoping for turnaround Tuesday! C'mon corn! | |
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Chinese buying, other demand levels, anticipated production
