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Buxton ND | CBOT nothings changed with the tight beans stocks. Just like nothing changed with the major weather markets of 2012 but once we topped the market,,,the fund traders NEVER looked back.
Here's what I think will happen
China cancels a few.
China rolls a few forward.
Some bean sales changed from UN-known to OTHER then China.
And USDA keeps raising imports... Think corn 2012 crop
Combine all these and we wont run out of beans anymore then we run out of corn last summer.
Many say copper is a good gauge whats going on in China,,,coppers has/is a few very hard down day on major volumes,we need to hold the $3 level, EHGK is all ready trading to 2.95,,,,,,so my guess is the copper traders see something in China they do not like.................
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Matto Grosso problems
