By March there might be a lot less marketable Canola around. With the amount that is heating in the bins.
Announcement
Collapse
No announcement yet.
March Canola
Collapse
Logging in...
Welcome to Agriville! You need to login to post messages in the Agriville chat forums. Please login below.
X
-
-
Originally posted by errolanderson View PostOliver . . . believe China has been on an accelerated purchase pace with more that 3/4 of their entire year needs already purchased. Also, China is notorious to buy, buy, buy, then stop, stop, stop. The word 'cancel' is frequently heard at the end of their purchase cycle.
Also, believe the Trump / China trade tensions are just beginning. This may be a storyline for 2017.
I suppose the stronger USD also hurting China buying US soybeans as well. (Assuming Fed Reserve has 3 rate increases next ear).
Comment
- Reply to this Thread
- Return to Topic List
Comment