Posted 1/14/2019 13:19 (#7244723 - in reply to #7244718) Subject: On paper..
This will be true if what is on paper comes to fruition.
A year ago we thought Argentina was going to bust over a 50 million metric ton crop they came up a little short. There's still a lot of growing season yet to go and the weather pattern is not settled.
Also we do not know what the US response to these prices will be.