|
SE Arkansas | I think the market is telling you that the carryout is going to be a lot lower than 785 Million Bushels. The crop size is going to trend down from here. Domestic Crush sets a new record every month. Export Shipments are strong and both ports sent shipments to China last week. Trump meets with Chairman Xi in Argentina at the G20 meeting in November. A record crop in Brazil is already on the World Balance Sheet. Not an issue, but crop problems in SA would be bullish. The most important factor in all of this is Export Sales and Shipments. Watch these numbers closely.
Edited by Farmspec 10/15/2018 19:07
| |
|
November 2019 soybeans
