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SE IL | We are now priced higher than Brazil, another 1.50 higher would make us close to $2 higher. Priced wouldn’t stay there very long and China would t be buying any from us trade war or not if we were that much higher. I think it’s really hard to tell how much $ the trade situation has actually caused. The current high volatility has as much to do with money flow and speculators as it does market fundamentals. World supply and demand hasn’t changed much in the last month and the trade war didn’t change it either. Gov policy has made farmers far and away more money in the last 20 years than it has cost anyone. | |
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How much of this soybean rally was from the trade war?
