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South central Minnesota | Argentina has built an very large crush industry with most of it being exported
Domestic use is 2.4 mmt while they export 32.8 mmt and have a carry of 4.25 mmt
The US uses 30.21, exports 10.43 and we have a carry of .27
If your behind in harvest as Argentina is at this time the crushers probably don't have the beans the need to crush and therefore don't have to export.
Is our domestic crush sitting idle? Waiting for export business?
If you noticed in the last export sales report, soybean sales were up noticeably, interesting with prices well off the lows and in the midst of SA's marketing year(15/16), oil sales were at a marketing year high.why is there interesting in our soy oil ?
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