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BREAKING: Trump administration considering trade aid payments of $2 per bushel for soybeans, 63 cent
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Mattchu60
Posted 5/21/2019 12:49 (#7510300 - in reply to #7510283)
Subject: RE: BREAKING: Trump administration considering trade aid payments of $2 per bushel for soybeans, 63


NC IA
Been watching the Soybean market today pretty close. It seems to be very confused at the moment. It was up pretty good earlier, and then backed off, then up again, then backed off. A bit ago it went into the red a pretty deep and is now back to almost even.

I assume that this bean tariff payment would be bearish as it would mean more acres of beans get planted vs just taking PP on corn acres.
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