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Red River Valley | off guard on contracts and would have to Pay a fee to get out of them.
Was china forced to buy out contracts on the board forcing the market higher and then in turn sell back what they had to buy after the contract obligations were filled ?
there have been some odd things going on in the bean market for the last week or so that would lead one to believe that beans are not nearly as tight as the CBOT would have them seem to be could the change have started today maybe/ maybe not
For the record crush margins in China are highly negative and beans out of SA are over $1.00 cheaper than here and there is still that thingy about the big sale announced the other day can't believe that basis never reacted to it at any of the ports
but maybe just a buying opportunity before T minus | |
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that one will leave a mark
