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KevinM

Posted 9/9/2015 08:09 (#4779264 - in reply to #4779237)
Subject: RE: US origin Soybeans $.50 cheaper than Brazil?

SE IL

JonSCKs - 9/9/2015 06:54

The sources I have show US origin beans at +.90 fob the gulf vs $1.40 from Brazil.. The US has a $.50 per bushel advantage BEFORE cheaper freight is added.

Why are we so cheap?

Seems like we could add a little here on a bounce off seasonal lows.. Last year we bounced to almost $11.00 ($10.86) by November from our September lows...

Rally cap time?

This brings up a question I have been wondering about for a while. If we have an advantage over SA in price it would have to come from basis wouldn't it? I mean I realize they have a futures mkt but I assume that their exports are priced off cbot? So any price advance on the board will do the same for them?

US origin Soybeans $.50 cheaper than Brazil? - JonSCKs : 9/9/2015 07:54
- RE: US origin Soybeans $.50 cheaper than Brazil? - KevinM : 9/9/2015 08:09
  - RE: US origin Soybeans $.50 cheaper than Brazil? - Sat : 9/9/2015 08:27
    - RE: US origin Soybeans $.50 cheaper than Brazil? - Sat : 9/9/2015 08:32
      - Sat these late planted beans are dying.. - JonSCKs : 9/9/2015 08:58
        
        RE: Sat these late planted beans are dying.. - JonSCKs : 9/9/2015 09:24
        
        RE: Sat these late planted beans are dying.. - swmnfarmer : 9/9/2015 11:54
        
        RE: Sat these late planted beans are dying.. - Indrtfmr : 9/9/2015 11:57
        
        RE: Sat these late planted beans are dying.. - swmnfarmer : 9/9/2015 12:15
        
        RE: Sat these late planted beans are dying.. - Palmtopper : 9/9/2015 12:16
        
        +! - Tank2516 : 9/9/2015 12:21
        
        RE: +! - Palmtopper : 9/9/2015 12:31
        
        RE: Sat these late planted beans are dying.. - DW11 : 9/9/2015 12:32
        
        RE: Sat these late planted beans are dying.. - BShauler : 9/10/2015 14:47

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