|
Buxton ND | Here's a tweet I picked up today.
"I see Brazil fob bean offers for feb are -$28/t compared to US Gulf fob."
This works out to be .71 per bushel cheaper for China to buy out of Brazil,supports the rumor.
Yesterday's very hard day down in beans,,,traded/points to supporting the rumor as does volume and OI
Basically you don't get a .35 down day in beans without some news to follow......
I don't look for anything too earth shaking on bean exports in the morning. | |
|
3 more cargos of beans switched to Brazil?
