Buxton ND | IN555 - 12/1/2016 09:28
Corn down 55% from previous week, down 50% from 4 week avg
Soybeans down 26% from previous week, down 17% from 4 week avg
Wheat down 32% from previous week, down 16% from 4 week avg
Meal down 33% from previous week, down 46% from 4 week avg
The one bright spot: soybean oil a marketing year high
It might have been during our Thanksgiving week but I don't think the rest of the world cares. Apparently some end users think there is lower prices to come
Been bringing up soybeans export for 2-3 weeks, they have been backing off way TOO much, TOO early.
Mr Market is saying they have enough beans AND corn for exports.
Mr River is saying they have great plenty beans to export.
Mr Brazil says very favorable weather.
Mr Spec money,,, well he has a different view then Mr NAT
Mr Sat,,, well you know my views on beans at this point in time, no need to repeat them.
I did 3 late nights watchin beanies, I'm too old for 4 in row
Mr HFT have been very active this week JUST LIKE 2014......................................................
Do not read Mr HFT havin there fun as bullish = ITS OPPORTUNITY = #manageyourpricesrisks.
If we do a nice little flush sub $10 ZSX will take my money and run.
Mr Don I sure hope you have your check handy, or you guys up north use ACH transfers ? ? ?
Then we have Mr Tara, DID NOT get the boot, he deactivated his account and left because of the BS. Same reason many dam good posters have left. |
Why isnt anyone talking about this week's export sales report?
