East Central South Dakota | I can't really argue the effect currency has on the situation SAT, it is a major component. But, something to think about is, SAT you are just assuming the soybean supplies really exist and are in a position to be loaded. Logistics is a component on every level.. We had corn exports switched to different originations in 2012 because the supply didn't exist and wasn't in a position to be boat floated. Another analogy is price at harvest isn't always the number one factor in the decision to dump at the location. Dump speed, traffic flow and ect. sometimes pushes the farmer to a lower bid if we can get back to the field faster. Same in exports. |
South American soybean sales and origination switches....
