Theodore, Saskatchewan | Tara Farms - 11/21/2012 10:51
does it bother you at all that the Demand was bing filled at pricesw $1.50 lower than US prices ??
Does not bother me at all. Most the soybean demand was filled at 15 but price still went to 18 before returning to 14. Us wheat is still less than the EU. And there is a reason it is more than other places. Wheat exports need to be less because domestic usage of wheat is up.
I am not a real bullish person, to prove it I have a couple 500 Dec 12 corn puts to sell you. Bought them in the spring but you can have them for a penny. To be honest I really want them to expire already, been a black eye on the books all year. I will be bearish later... |
Looks like the world is happy to fill exports that US has lost
