| 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 |