| Sat - 2/22/2017 13:27
I already have, it right in the area of minor to fridge. This damage was from rains 2 weeks ago the market does not trade 2 weeks old new. All those pictures been floating around and refloating around since. Beans did rally in that time could we say is was priced in ? My sources are my 2 eyes.
MT is Mato Grosso which is the largest in production of soybeans in Brazil with over 40% left to harvest. I don't care what the market is doing today but the final numbers will have a great impact on prices when they are known. Maybe you think all the 40% that's left to cut is already in the bin. 40% of the corn still needs planted and is past the Feb 20th date which puts it at higher risk of trying to fill when the rains stop. |
That Last 40+% Is Still In The Field
