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| The accumulated exports are above pace to exceed usda projections but, sales are behind pace. how does the trade view this demand information? At this point what is a fair estimate to assume based on the current pace? The production scenario of the trade seems to be more set in stone: for instance, we all assume that the USDA is close to correct about the current production estimate. It would be fair to say that a production increase is fairly unlikely in my opinion, and a production decrease is possible but probably not by much. The Soybean market and price direction seems to be setting up for a volatile year in my opinion due to the uncertainties that remain with demand. I would like to see some more charts posted because the fundamentals are hard to figure? I appreciate all the charts that are posted even though it is entirely speculation it helps in making more accurate guesses to where this price could go in the future.. I feel volatility is in the cards for soybeans with price ranging from 8.50 to 10.50 for the next year or so? | |
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question on how the trade views current soybean accumulated exports
