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What are the odds soybean exports have more upward revisions?
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IN555
Posted 10/28/2020 20:40 (#8572415)
Subject: What are the odds soybean exports have more upward revisions?


NW Indiana
The last 3 years(all the farther I went back) from this date on each year we sold roughly 26mmt. After tomorrow's report we are going to be nearly 80% of projections or less than 13 mmt to sell.
There is trouble in paradise and the cat is getting let out of the bag.
Market structure has it leaning awful hard to the bulls and is going to take some flushes to keep pushing price up the hill. Covid and China are the risks but more so china is the bull and hopefully our 8 seconds is just getting started.
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