Posted 2/7/2019 13:46 (#7303878 - in reply to #7303653) Subject: RE: 24 mmt
Well lets consider the huge purchases this week. Rumors were china was in the market a few other times in January. Current estimates are already 229 million below last year. I'm likely crazy but my guess is a trade deal is struck and the usda ends up raising estimates by the may report. 2.0-2.1 final number and a number for next year that will shock people. If a trade deal isn't done than all my bets are off. I think it is in both sides interest to get a deal done so I think the odds are towards it.