I know what you are saying mc

But: Unless we cut world supplies

A long row to hoe

If you turned the clock back a couple years and said that beans would have an ES close to 1 mil bushels and would cost over $9 a bushel, you wouldn't not have believed it.  

The combined SA crop is STILL a big crop.  

china growth rate slowest in 28 years...they now want a deal....badly

I've been saying for a month that it was much too dry in Brazil and much too wet in Argentina to support the previous crop estimates.

They may drop even lower.

It will STILL be a big crop.  SA and the US is growing way more then the world needs so even a damaged crop is going to increase world stocks.