argentina drought
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Started by mcfarm - Feb. 17, 2018, 4:46 p.m.

as reported by the Rosario exchange the core are has now dropped to 16 mmt and is 4mmt below what was expected just a month ago...this drought is real and growing and looks like my first area {10.26} was good for a small sale and next up 1040 will not hold them....who would of ever thought we might see 11 dollar beans this year?  Nobody that is is real and game on

By mcfarm - Feb. 18, 2018, 8:17 a.m.
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new maps this morning have no changes in the 7 day....what ever percep that developes is well north of the main growing areas

By Jim_M - Feb. 18, 2018, 6:17 p.m.
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Meal should open strong tonight then!

By bcb - Feb. 18, 2018, 7:31 p.m.
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Grains open Monday night NOT tonight

By Jim_M - Feb. 18, 2018, 7:40 p.m.
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Ohhh man... (G)

By bcb - Feb. 19, 2018, 3:23 p.m.
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Today Safras raises Brazil bean production to 115.6 which is up 1.7 mmt from last month.

Read early calls were higher.

By Jim_M - Feb. 19, 2018, 4:59 p.m.
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I don't really see beans themselves doing much.  If the US is looking at ES's encroaching on some unheard of numbers, it's hard to be bullish.  

By mcfarm - Feb. 19, 2018, 11:09 p.m.
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wow beans up this rate the next sell at around 1040 will be hit shortly....this has turned out to be way more fun than predicted

By Jim_M - Feb. 20, 2018, 8:02 a.m.
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My meal contracts are doing well.