So the Lastest WASDE.. from December
( https://downloads.usda.library.cornell.edu/usda-esmis/files/3t945q76s/4q77fw19m/kk91fq550/latest.pdf )
has:
World Soybean Carryout of 115 mmt's projected for the 2018/2019 Crop year.
36% of that "YUGE" Carryout will be parked in Argentina at 41.3 mmt's.
and yet.. Argentina is IMPORTING soybeans from the US to the tune of 1.892 mmt's per the Dec 20th report..
"things which make you go hmmm.."
Golly why?
Edited by JonSCKs 2/2/2019 10:27
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