East Central South Dakota | Your price forecast could be affected by imports into USA. Could basis spread between SA and USA be enough to get beans to the interior of USA ? Bigger the basis spread the cheaper it is to lay into USA. If the basis gets to weak will China let us have some or hog em all for themselves ? Brazil's port basis has dropped significantly. Maybe we load up on SA beans if available to prevent July and August inversion Maizeing talks about ? Beans get interesting as does corn. Take Ukraine, Brazil and Argentina out of export picture and the list of countries that have meaningful bushels of corn to export gets thin to non-exsistent. What is China's[number two producer] corn needs for next 6 months ? |
Note to White Shadow about China Cancellations
