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How much does China have to buy...
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WItitan2
Posted 7/30/2020 16:39 (#8405385 - in reply to #8405336)
Subject: RE: You are forgetting stocks


Pierce county WI
Ok, but if we are only off a percentage, for a quarter of the year. Spread that out, and it's not that bad. Then adjust for the 17# of ddgs that aren't getting fed. Face it, if demand isn't down, we should be $4+. The massive stocks only come with a big crop. Forecast sounds pretty dry. So while maybe a week of cooler temps, there's going to be added moisture stress in already dry areas. So maybe not enough for $5, why panic to sell now. If we continue with big sales, and the dollar goes down more, we should rally.
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