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Palmtopper

Posted 9/14/2020 12:58 (#8495210 - in reply to #8495151)
Subject: RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al

SE Iowa

My guess Brazil has forward sales made (42% is what I hear) and they are full filling them off the combine = the market has its lines supplied with beans...so price may have to do its job to get those others not priced to the market and it takes those deliveries to clear...just like here...the disadvantage we have is the real vs $ being so wide.. this is a key to watch for our demand prospects in that time frame...

If brazil has a hiccup or SA that will skew things...which I think this rally is starting to price in until it gets planted and moisture is readily available.

edit to add...Pre tariff the china book is 85-90% of total commitments before end of Jan...then they pull from Brazil and either cancel or add as needed.

Edited by Palmtopper 9/14/2020 13:06

Prices up, and still good sales. - WItitan2 : 9/14/2020 08:43
- RE: Prices up, and still good sales. - Swmnag : 9/14/2020 08:48
  - RE: Prices up, and still good sales. - Hilltop Husker : 9/14/2020 09:02
    - RE: Prices up, and still good sales. - Swmnag : 9/14/2020 09:08
      - And here, at the farm gate............... - WItitan2 : 9/14/2020 09:16
        
        RE: And here, at the farm gate............... - scottyb69 : 9/14/2020 09:22
        RE: And here, at the farm gate............... - Swmnag : 9/14/2020 09:30
        
        RE: And here, at the farm gate............... - WItitan2 : 9/14/2020 09:45
        
        RE: And here, at the farm gate............... - Swmnag : 9/14/2020 09:47
        RE: And here, at the farm gate............... - Palmtopper : 9/14/2020 09:47
        
        RE: And here, at the farm gate............... - Swmnag : 9/14/2020 09:51
        
        RE: And here, at the farm gate............... - Palmtopper : 9/14/2020 09:55
        oh goody, the "experts" are out saying "it's as high as it will get" just like they have done all - flyingfarmerNebraska : 9/14/2020 09:56
        
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - Palmtopper : 9/14/2020 09:58
        
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - roarintiger1 : 9/14/2020 10:10
        
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - Spanman : 9/14/2020 10:12
        
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - fatan sassy : 9/14/2020 11:11
        
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - Palmtopper : 9/14/2020 11:53
        
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - Baby Robin : 9/14/2020 12:27
        
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - w1891 : 9/14/2020 12:38
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - Palmtopper : 9/14/2020 12:58
        
        RE: oh goody, the "experts" are out saying "it's as high as it will get" just like they have done al - Swmnag : 9/15/2020 12:01
        
        as beans are up (again) this morning, thought I would quote one of the experts just a few days ago - flyingfarmerNebraska : 9/18/2020 08:05

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