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China takes 6 cargos of Brazilian beans
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Rod@night
Posted 9/14/2021 22:36 (#9220847 - in reply to #9220836)
Subject: RE: China takes 6 cargos of Brazilian beans


From the original posters information:

“Those cargoes were traded at prices between 417 c/bu and 425 c/bu over November futures, hitting the highest level on record.”

Boats gotta get loaded……way to painful to let them float.


Adding:
The primary decision here was about the freight…..Not the beans.
The rest of the story.

Edited by Rod@night 9/14/2021 22:44
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