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Soybean futures in the near future
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JonSCKs
Posted 1/30/2019 10:12 (#7284000 - in reply to #7283245)
Subject: Brazilian Crop size reduced.. exporters raising bids..


per the radio yesterday.. "an analyst lowered Brazil's soybean crop to 114 mmt's.. most are still at 115 to 118 mmt's.  However, even though some rains are expected this weekend.. more heat is in the forecast during the critical pod filling period."

So there's that.. 130.. 125.. 122.. 118... 115  and now maybe lower.. the size keeps sliding.

On the other side.. US export values continue to firm.. CGB's bid's at Catoosa..

CGB-Port 33   
  HRW

Del Month Del Begin Del End Sym Futures Basis Cash
JAN 2019 1/1/2019 1/31/2019 KWH19 $5.0150 $0.4500 $5.4650
FEB 2019 2/1/2019 2/28/2019 KWH19 $5.0150 $0.4500 $5.4650
MAR 2019 3/1/2019 3/31/2019 KWH19 $5.0150 $0.4500 $5.4650

Beans
Del Month Del Begin Del End Sym Futures Basis Cash
JAN 2019 1/1/2019 1/31/2019 SH19 $9.2175 ($0.4000) $8.8175
FEB 2019 2/1/2019 3/31/2019 SH19 $9.2175 ($0.4000) $8.8175
OCT 2019 10/1/2019 10/31/2019 SX19 $9.6075 ($0.5000) $9.1075

https://www.cgbgrain.com/Market-Solutions/Cash-Bids/moduleId/1021/controller/Item/action/ButtonClick?LocID=395&LocName=CGB-Port%2033

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