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Crude/Dollar/REAL
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Tara Farms
Posted 8/22/2013 07:49 (#3281659 - in reply to #3281412)
Subject: RE: Crude/Dollar/REAL


Red River Valley		Your chart shows number of reals it takes to buy 1 USD so it has went from 1.7 to almost 2.5

last time the BR was at 3 to 1 beans were at $5.00 BU and Brazil was still adding acres as they will this fall and spring

If the real takes out the 2.5 to 1 area I would look for a very quick trip to 3 to 1
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