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Beans and China
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sw36
Posted 11/9/2015 14:34 (#4886485 - in reply to #4886297)
Subject: RE: Beans and China


Good observation. We are actually running above last year and have not corrected last years usage yet. This year the buyer representatives, the "trade" is concentrating on the lack of forward contracts to divert attention from the actual sales which are running higher.
We should at some point, see lower carry from 2014 marketing year and we are running above projections for this year---- which are again 1650, a figure that was too low last year..
I would buy hand to mouth also if i thought we could drive this market lower...
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