Posted 1/31/2019 19:51 (#7288760 - in reply to #7288735) Subject: RE: SAT gap???
NW Indiana
I was just referencing the March since it has the most volume currently. I have no idea what month or months they will hedge in. Everyone thinking china will make all these purchases secretly to save money hasn't paid attention to the history. China is a quantity buyer of beans, not so much a price shopper. They have no problem making a large purchase announcement and then covering it, they have done it many times with past meetings with Obama. Basically they are aware it is hard to cover that kind of quantity in secret.