FlatlandAgII - 2/26/2021 06:21
It looks as if Chinese grain buyers may have played the grain markets to absulute perfection. With facilities in the US they were able to accumulate large purchases of grains without having to report them. Then in a one week period they report the sales as being to China and jump the market because if China is buying and reporting the market believes they must buy more pushing market higher. Then as grains start leaving the ports they switch destinations on product to our more traditional costumers. Having already rolled or sold out of their board position.
We're these the things spreads were telling us?
Cofco should have never been allowed to be in the grain business in the USA and China should never been allowed to buy Smithfield. Pretty easy for them to run undercover with those two entities. | 
Is this going to be the new normal
