Fontanelle, IA | IN555 - 10/28/2025 07:13
Current projections already include some china demand. No demand and carryout was going to jump significantly. Question becomes now if they start buying is it really going to be substantial amounts because they used to buy substantial so are we talking more or less than before? The real kick in the nuts is the rally we missed out on after the June planting intentions that would have really put the importance on a huge yield but no one cared because without china it didn't matter at the time. Essentially all forward sales were below what they should have been and anything sold up until now is below what it should have been. This administration cost the American farmer a lot of money in 2025.
Indy- the bigger question is going to be “when” the Chinese buy?
After the 1st trade deal, China really didn’t buy any beans they committed to for maybe 3-4-5 months (if I remember correctly so going off memory isn’t fact obviously). If the radio heads are correct, and China is locked and loaded out of Brazil for this 4th quarter of 2025, the bigger deal is WHEN China starts booking from US.
My guess is a PNW basis is the signal |
Betting against the trade deal.
