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So, China buys 5 MMT and ....
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farmer4321
Posted 2/1/2019 19:12 (#7290999 - in reply to #7290837)
Subject: RE: So, China buys 5 MMT and ....


Quote: "failed to drive bean prices below 5 day minimums. Maybe they just ran out of time, another hour and 2.5 cents down and they might have.
Stop and consider, if as you suggest, there was heavy farmer selling this afternoon, that may presage the onset of much more heavy farmer selling in the near future. If the lack of previous heavy selling was reason that prices have been relatively strong, the beginning of heavy selling might change all of that.

Edited by farmer4321 2/1/2019 19:21
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