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The "out of soybeans" thread below.
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donmoffat
Posted 8/24/2014 13:42 (#4035793 - in reply to #4035726)
Subject: RE: The "out of soybeans" thread below.


meal price and bean price in south america is the same price as here, usa sets the price so who in there right mind would ship from Brazil and Argentina,they are about out of beans why would they keep them back till this monster crop shaves 3 dollars of the cash price, just ask the chartists we have been in a bear market for months hardly the incentive to go long,trade is caught short fireworks are just starting i think the basis cliff started at 1 dollar now 3 bid now 4
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