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Last 20 years all we been told is gear up we have feed the people of china...
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WTF2014
Posted 6/25/2018 13:38 (#6833325 - in reply to #6833307)
Subject: RE: Last 20 years all we been told is gear up we have feed the people of china...


CIL
true, they don't buy much corn, but it's the general weight the tariffs have put on commodities in general...the funds are saying time to get short. Uncertainty is toxic to them. Corn has show more resistance than beans because, you are right, China doesn't buy that much, but most of the country hasn't even reached the most critical stage of pollination and already we're seeing a serious price decline. Some of that is weather/crop condition driven, but we still have a tight carryout and lower than average acres.

Edited by WTF2014 6/25/2018 13:41
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