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lets solve the problem
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zenfarm
Posted 8/4/2020 17:21 (#8415218 - in reply to #8415205)
Subject: RE: lets solve the problem


South central kansas

SoDak Farms - 8/4/2020 17:10

Eh, just blow up SA ports, we will be good then. Haha




 That appears to be the only way.



#China keep buying more #soybean in #Brazil than the #US. Last week China bot 25 cargos, 08 USG and 15 BRZ. Yst China bot 05 cargos BRZ and 04 USG. It seems Gulf Premiums have to do the work of getting US beans cheaper, not CBOT. The chart below shows the USG basis CNF China.
Image
1
8
8
China bot 20-22 M tons out of Brazil for NC... this amount is very agressive, due to real/usd exchange rate. Farm selling very agressive too.

Image





Edited by zenfarm 8/4/2020 17:22
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