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Buxton ND | The answers is yes, SA has sold beans to some of OUR market for delivered in Sept/Oct/Nov. this is OUR shipping period.
Asia's been buying, its just out of SA becuase of the strong US Dollar/VERY WEAK REAL/ Peso is killing us here guys and guys.
This is nothing new, this started roughly one year ago, I've been harping/preaching/ranting/chanting whatever you wanna call and its why I've been the BIG BAD BEAN BEAR.
Now LOOKING FORWARD, this has not changed, lots of talk about SA planting less corn, it UNLIKELY they will raise their hand to summer fallow = MORE ACRES = a bigger weather story to really effect the market***** | |
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New Crop Soybean Exports..
