ottertail co mn | bigmoe - 1/4/2019 19:14
No. The price is more reflective of the big crop raised on record acres not as much about the tariffs. If the tariff was lifted on beans I could see a 40 cent up day followed by a 50 cent down day and right back into the trading range we are in. Nothing to back it up, just my opinion.
I agree with this
Unless they buy another 500,000,000 bushels over what usda says they are gonna buy already on paper in the reports. If they buy .5 billion more bushels we will see a dollar formsure on beans.
The likelihood of this happening is pretty close to zero though...
The SA crop is going to be big is what I read, but not as big as once projected. |
Trade talks
