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Hey Maize..
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Sat
Posted 1/4/2014 10:56 (#3572628 - in reply to #3572561)
Subject: Re: Hey Maize..


Buxton ND
I'll try this again
Exports can be bullish
Exports can be bearish
One needs to look at each side equally

Those that choose not to look at them equally (only looked at 2012 front loaded beans exports) "sat" and watched beans go from a high of 17.94 1st week of September 2012 to 13.72 mid November. Much the same as in 1997 and 2004 which were other huge years of China calculation.

We have heard talk of "Front Loaded" exports for months,just like beans in 2012,if one ignored the facts of a bigger bean crop in 2012 and the cancellations by China in 2012,your still wearing that wearing that 4" X 4" that knocked you clean of the bin.

I'm simply using and BEEN USING past history to look forward at what mite happen. The facts are VERY CLEAR guys,that in falling markets China is VERY WELL KNOWN to cancel sales. I DO NOT LIKE IT anymore then the next guy,,,but its a fact of life in our markets whem it comes to CHINA....................................................

Edited by Sat 1/4/2014 10:58
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