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Red River Valley | as a matter of fact some exports are sold with only the basis set - so they may be sold at $1.00 over cbot price with the pricing against CBOT at a latter date.
Some may be sold at $1.00 over with sellers option as to were they are sourced
Some maybe sold with the buyer getting the sourcing option ( think oil content or meal protein content )
One thing that is safe to say is that - the China has Dreamed up about as many was as possible to buy and source beans as one can possibly think of doing it.
and just about as many ways to get out of the same. | |
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3 more cargos of beans switched to Brazil?
