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Soybean graphs and some perspective
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Baby Robin
Posted 1/31/2019 09:35 (#7287163 - in reply to #7287094)
Subject: RE: Interesting US vs World Carryout Stocks- Should delete mine/incorrect


Fontanelle, IA
Should have DELETED: Hightower has 110 MM ton carryout for US = 110MMT carryout for World. In essense, the only store shelves with stocks will be US - every other countries shelves are bare....

I'm thinking that this is why bean price is where it is today.... World market is dangling a carrot to each of us to keep planting beans.... not abandon as many acres as are being prognosticated as lost in 2019 to corn and wheat.

That carrot can be a sword to each of us also if we have a reasonable weather year in 2019...….

Edited by Baby Robin 1/31/2019 09:45
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