Death comes to us all. Life's but a walking shadow | Is it just possible that given the latest news from China about the drop in exports they are a little shy about taking beans or given the pace that we exported to there they don't need quite as many just now? It may also be possible that the North American exporters had watertight agreements that make them harder to cancel? The fact that we loaded out a million metric tons of beans a week ago indicates that it may have been easier to cancel in South America than here. Let's see what our own exports look like this afternoon. And then there is Argentina, who supposedly has 5 mmt of old crop beans. Why weren't they exporting beans when the price was so strong this past winter.
Too, too many unknowns here. |
Soybeans
