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Frequent Contributor

10-month lows: Demand slams soybeans????????????????????????

Have these people looked at soy export number and use numbers at all?????

 

They make it sound like the stuff is growing mouldy out on compost heaps behind the barn for crying out loud.....

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6 Replies
Senior Contributor

Re: 10-month lows: Demand slams soybeans????????????????????????

Yep and the wire reports less demand,because of birdflu what BS last time was worst and it hardly effected demand out of Chinia. In the same breath the say more pork demand well the last time I looked hogs use a lot of soybean meal.

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Honored Advisor

Re: 10-month lows: Demand slams soybeans????????????????????????

I read a notation yesterday on a bean meal processor in Emporia, Ks shuting down til later in the summer on lack of supply.

 

I think it was in the FC Stone information

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Frequent Contributor

Re: 10-month lows: Demand slams soybeans????????????????????????

I just have no way to say anything productive so im going stay silent.... 

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Advisor

Re: 10-month lows: Demand slams soybeans????????????????????????

Chill bro
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Veteran Advisor

Re: 10-month lows: Demand slams soybeans????????????????????????

Had big soybean crop in "central" KS....hauled
In production from one field with a pickup!
Local coop worried...not even a half harvest
last year....cut the work staff....now talking
Bigger cuts....another bad year this year...
it will get ugly....already talking about canceling patronage payout this year.
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Senior Advisor

Re: 10-month lows: Demand slams soybeans????????????????????????

Sounds like your Coop might have itself over extended. We had a couple smaller grain facilities get bought out by a larger Coop a few years back. It my general area, I've got 5 large cooperatives that are rather stable. I mainly do business with 3 of the 5 and qualified for patronage from 2 of them in 2012.
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