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Buxton ND | Exports did catch up YES, trouble is the vast majority of it was UNDER 9 bucks ZS
If your cost of production was $10ish and you needed the cash, exports catching up meant NOTHING, your COP production meant NOTHING.
Exports should have payed attention to LAST SUMMER when beans were over $10
Mr E , the head strong bulls did not phase me one little bit,,, I stuck Norwegian "FIRM" with TO = "Target Orders" last one was back then was 10.472
May sound stupid but I love .232/472/.732 and .972 as target orders and have for many years.
Don't have time to get into the Amazon river ports and the canal
The 6,446,000 would have been 2014-2015 crop year yet beans crashed and burned from $15 to nearly $9
This was living proof we need more then just exports to support soybeans.
Nearly a 2 buck rally in beans is living PROOF WHY WE NEED THE SPEC MONEY.
Quick guess would be 2,409,000 would be current year to date ?
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10.60 July
