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Morning thought
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Posted 3/8/2016 05:51 (#5162699)
Subject: Morning thought


Buxton ND
OK China seems to have a over supply of corn because the last years of $9-10 government support prices.
This support price has been dropped alot.
What do we do when corn price drops alot ?
Corn on corn on corn makes room for beans.
Will there be a shift in acres China ?

Over night in beans, selling pressure started to hit in the midnight to 1 am time frame. Then again as Euroland open,,, NOT too much hedge pressure as "the most" are sleeping.
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