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South Central Iowa | It could possibly. One thing to consider that is important is who owns the beans in the world currently. In Brazil, the producers still own the vast majority of the beans. Here, very few farmers own beans, the commercials hold them all.
If that manipulative cancellation dip you talk about occurs; who is more likely to still sell? The answer would be our commercials over their farmers.
The lower price, much as I hate it, will devour our stocks. Sometimes I wonder if the USDA overestimates our supply on purpose to ensure a lower price to clear our stocks. But that is a pretty wild conspiracy that I doubt. | |
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