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Always Sell Soybeans September 9th
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turnipted
Posted 9/11/2020 14:42 (#8489441 - in reply to #8488759)
Subject: RE: Bull feed.


Not saying it is a conspiracy and totally agree with you on that is how it works. People giving way too much credit to "Phase One" deal....as you said it is just past marketing tendencies on Chinas part. What IS true this time is they are getting a helluva bargain, due mainly to the China Flu. They follow markets as much as us. Price down.....sell out of condition Country reserves at an interior premium and replace with cheaper US grain. They know about the Derecho and widespread August dryness also. Buy, buy, buy before the USDA figures it out and front load as much as we can before price increases. Then, we should have enough to have our SA friends provide for us after that. Not complicated .....pretty simple really. Not saying a conspiracy but Chinas marketing plan seems to be working real well for them so far this year!

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