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Soybean basis
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w1891
Posted 9/1/2018 09:05 (#6963018 - in reply to #6962994)
Subject: RE: Soybean basis


S Illinois
Except we are not shipping to China unless we want to count a token load here or there. Last year in July and Aug we sent China 1.7MMT. This year we are at 0.19MMT. This is despite the 20MMT less in supply Arg has. Also when did no bid in the PNW heading into the highest soybean shipment period occur? Since when did the big banks and fund managers control the physical too?
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