Okay..
and golly I hate to get political.. but that darn Trump and his trade war..
for awhile there we were down 18..19..20 mmt's of US Soybean Exports going to China.. hence the BUILD in US "Ending stocks."
But now.. the data we do have says..
2.391 mmt's in sales for the week 12/20/18..
which brings China up to.. 3.48 mmt's
vs.. 19.36 mmt's through 11/23/17 a year ago.. on the way to like 33 mmt's or thereabouts (anyone got that btw?) total..
Who is FILLING THAT?
Argentina's 37.8 mmt crop.. with Imports FROM the US.. ???
or Brazil.. with a 122 mmt crop.. or 118.. or 115.. or whatever it ends up being...???
golly so so confusing...
it just acts like a shell game to me from a Con Artist.. |