I was glad to hear from some producers on Thursday and Friday, who took note of my weekend comments.
Nothing wrong with some pricing on rallies for your old crop and new.
Thanks for reading them each weekend. They are just mho take it or leave it.
CHICAGO (Reuters) - Chinese officials have said U.S. soybeans are a prime target for retaliation against tariffs imposed by the Trump administration on steel and aluminum imports, according to the American Soybean Association.
Monday in Washington talks again about RFS.
More than just weather for the grains.
If China wants to target soybeans, they can. And beans could fall below $6. When Trump's tariff stupidity causes farm equipment prices to increase--AND he and his ultra right wingers remove the ethanol subsidy, we will be back to $2.50 corn too.
I am going to my cult services tomorrow and ask our supreme messiah to forgive Trump for his evil, sinful ways. He is a loving cult leader.
Hopefully you will go to church tomorrow and ask your leader to forgive Trump as well. Also ask for forgiveness for Adolph too. Adolph had some good policies, even though I disagree with many of the things he did. He made .Germany great and would have made Germany great again, had he not run out of gas.
Mike Pence says he talks to God and God answers him. I suggest you initiate a letter writing effort and ask Pence to intervene and cause it to rain in our grain belt, and continue the drought in South America.
Hopefully the beneficial CO2 generated by the fires you start near your corn fields will help with our own drought as well.
Amen, and go Stormy!!!!
So far and it means nothing but the beans look like 3-4 lower and meal $1.50 lower.
Arg. rains / bean crush led the rally and the crush sure looks topped out and meal
still needs to be the leader.
Looks like sell rallies imho.
March contracts off this week