Dec 07, 2018 06:15 PM
The soy has had a nice rally. It is important to realize that this is a historically high price given the stocks to usage. he market has dialed in the fact that China will start purchases again of US beans. However, what if this does not transpire? The window to actually need US beans is closing. The corn continues to show some strength. It is my belief this will continue a bit more. The US still is in a good position as far as global price goes.