Nov 12, 2018 07:28 PM
The Soy was down a bit today. This rally of late seems to be based on optimism that the US China relations will cool and demand will be restored. Perhaps. However, I also believe we are witnessing some demand changes in China. The Corn is grinding higher today. The fundamentals domestically could support a move higher. The USDA report with the decline in production signals a likely further draw down next month. The US now will be in a nice position to potentially pick up demand for corn.