The reason ARGY is importing beans from us now is because of a very poor finish to their crop LAST YEAR . (37mmt vs a mid 50mmt crop in a 'normal' year)
But a Year ago.. the February 8th WASDE said that Argentina was gonna harvest..
https://downloads.usda.library.cornell.edu/usda-esmis/files/3t945q76s/ft848r05s/1g05fb86k/wasde-02-08-2018.pdf
54 mmt's.. down from 56 mmt's.. ???
your saying they only did 37.5 mmt's?
huh... but a third of the WORLD CARRYOUT is in ARGENTINA.. isn't it?
Edited by JonSCKs 2/8/2019 12:39
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