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| Egypt in for 300 wheat from russia overnight. Just received some proprietary info on India & China, at first glance (longer term) it certainly appears friendly, but have not had the time to evaluate. Appears the ECU will import record amts of meal....
I agree the dollar is a key element. Am not a currency trader & do not know if the current action is just a blip in a bear market, or otherwise.
Also received info from a pretty savvy trader wondering, in light of some new potential developments, whether the USA-taking ALL acreage into consideration-can meet next year's demand for wheat, corn and soybeans. Also have not had the time to peruse his stuff in detail, so have no opinion on his information.
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Points of Clarification
