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Community Manager
marketeye
Posts: 3,096
Registered: ‎05-03-2010
0

Floor Talk. April 4

USDA announces friendly corn and soyBean exports Thursday.

Corn=. 387,300 mt vs. expected 175,000-700,000

Soybeans= 747,800 mt vs. expected 300,000-800,000 mt

Wheat= 315,000 mt vs. 400,000-700,000 mt

It appears the markets will be mostly higher. Maybe today's exports will boost the prices?

More later,

Mike
Advisor
giolucas
Posts: 1,093
Registered: ‎06-25-2010
0

Re: Floor Talk. April 4

Seems like we need news of a strike in South America, a barge crash blocking the waterways in Brazil or more China purchases to get us back to the the green.   

Veteran Advisor
Shaggy98
Posts: 3,878
Registered: ‎06-19-2011
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Re: Floor Talk. April 4

[ Edited ]
Careful what you wish for giolucas. I admit a hiccup in the system would possibly create a nice market rebound, but I don't want a nice gain when someone else suffers man made hardship. Natural causes are one thing, synthetic market moves are just moves of manipulation.
Advisor
giolucas
Posts: 1,093
Registered: ‎06-25-2010
0

Re: Floor Talk. April 4

Shaggy
don't wish suffering on anyone and i think there was already a barge problem that occurred .