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Are the grain markets going to stay up after 11 3..?
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Illinois Steve
Posted 10/26/2020 16:14 (#8567810 - in reply to #8567718)
Subject: RE: Are the grain markets going to stay up after 11 3..?


North Central Illinois
Well if it makes you sleep better at night know go ahead and think that. The truth is the Chinese buy grain from us based off of when supply is tight elsewhere in the world and their stocks are low. They are not going to buy and take delivery of a bunch of grain they don't need or can't use. When the South American crop comes on line we will likely see some cancellations no matter who is in the WH. Trump didn't school them on anything. They have had a couple of years of cheap grain and are still able to buy grain from us whenever they feel like it or need to. They haven't given up anything. They are still selling us as much cheap crap as always and the supposed really important matters the NAT Patriots were most concerned about like IP theft have been left largely unaddressed. We are back to where we were three years ago with nothing to show for it.
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