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Teetering on the abyss!
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JonSCKs
Posted 2/16/2019 09:16 (#7324017 - in reply to #7323772)
Subject: sure.. pay twice the freight..


I wasn’t aware that China was using US ships...

I know that the freight is twice as far from Brazil to China as it is from the US PNW..

It appears that more reductions in South American crop size are coming.. that South America is going to be down 5 to 8 to 10 mmts.. 178..175..173ish..

http://www.soybeansandcorn.com/news/Feb14_19-20189-Soy-Production-i...

vs the WASDE which guessed 183.48.. which is now unattainable.. and will not beat the record of 183.15 mmts set 2 years ago.

So.. once again..

It’ll have to come from somewhere..

Edited by JonSCKs 2/16/2019 09:20
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