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Basis is as good as I have seen it in years
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Posted 4/12/2019 09:02 (#7435005 - in reply to #7434286)
Subject: RE: Last year, April 11, 2018....

JD70 - 4/11/2019 20:16

It's ok , if you beleive in trumps trade policy then embrace it , and support it but don't go around trying to b's people what caused the drop in bean prices. Are you really trying to claim that the drop in bean price was caused by events that were not even on the radar of possibility when prices dropped instead of those events that were happening at the time of the drop.

The trade policy of this adminastration has a triple whammy effect.

First it lowered the US price of Beans

Second it raised our compositions prices which caused them to up production.

Thirdly the shorts have NO fear of a demand shock coming out of the world's biggest user of soybeans.

Your bold facts lose their impact when you use words like "composition" instead of "competition".........LOL!

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