What happens in Brazil may be a major determiner..
Richard Ohge 12/22/2011 @ 8:08am
At the moment, weather conditions in Brazil are not conducive to the increased output being forecast earlier this year. even with increased acreage, weather could change everything. If the output is drastically reduced, this will shorten supplies by summer, which COULD create conditions for optimal prices. I have nothing against Brazilian Soybean Farmers, but, as someone once said, "One man's meat is another man's poison..."
Re: Re: What happens in Brazil may be a major determin
Richard Ohge 12/22/2011 @ 8:18am
It seems that S.A> is getting some rain. Whether this is an end to a dryer pattern, or a temporary abatement will tell the tale.
Mary Le Arneal 12/21/2011 @ 11:01pm
You talking futures prices or cash?
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