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I have a question about the soybean rally.
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rab1964
Posted 1/19/2017 22:53 (#5780418 - in reply to #5779962)
Subject: RE: I'll give you an example. . .



BobC - 1/19/2017 20:09

You asked: "How would a grain merchandiser have any more info to what the 2016 South American crop was gonna make 2 months before you and I?

Are there grain merchandisers that already know what the 2017 SA crop is gonna make?"

I said: "They are physically in many thousands of fields globally."

Get a feel for the crop, mix in transportation, demand, carryout, and you've got yourself a good feel for basis movement.


I guess I have an idea what you are trying to relate, but can you interpret to a simple mind?
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