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Veteran Advisor

Markets Closed for Good Friday

At 8:35am:

 

The farm markets are closed, today, in recognition of Good Friday (the day Christians remember the crucifixion of Jesus Christ). 

Here is a fresh sale announced Friday by the USDA.

Private exporters reported to the U.S. Department of Agriculture the following activity:

-- Export sales of 165,000 metric tons of hard red winter wheat for delivery to China.  Of the total, 55,000 metric tons is for delivery during the 2019/2020 marketing year and 110,000 metric tons is for delivery during the 2020/2021 marketing year.

-- Export sales of 120,000 metric tons of soybeans for delivery to Unknown Destinations.  Of the total, 60,000 metric tons is for delivery during the 2019/2020 marketing year and 60,000 metric tons is for delivery during the 2020/2021 marketing year.

The marketing year for wheat began June 1, and soybeans began Sept. 1.

What say you?

 

Mike

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9 Replies
Honored Advisor

Re: Markets Closed for Good Friday

Whatever China paid for that wheat wasn't nearly enough.   The U.S. should cancel the order and tell them the price they agreed to pay wasn't enough. If they still want the wheat, it should cost them more.  

Veteran Advisor

All Is Fair in


@roarintiger1 wrote:

Whatever China paid for that wheat wasn't nearly enough.   The U.S. should cancel the order and tell them the price they agreed to pay wasn't enough. If they still want the wheat, it should cost them more.  


Buying and selling. 

I feel roaringtiger1 has things figured right,  regarding selling wheat to China. 

Theyd jab anyone for more money whenever they get the chance. 

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Senior Contributor

Re: Markets Closed for Good Friday


@roarintiger1 wrote:

Whatever China paid for that wheat wasn't nearly enough.   The U.S. should cancel the order and tell them the price they agreed to pay wasn't enough. If they still want the wheat, it should cost them more.  

 

________________________________________________________


https://www.theatlantic.com/magazine/archive/2018/03/trump-china/550886/

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Veteran Advisor

Re: Markets Closed for Good Friday

Who owns "The Atlantic"?

"David G. Bradley (born 1953)[1] is the owner of Atlantic Media,...

"Politics

Politically, Bradley considers himself a centrist.[1] In the 2008 U.S. presidential primaries he donated $4,300 to Hillary Clinton and $2,300 to Barack Obama and to Mitt Romney.[9]" - Wiki

 

 

Honored Advisor

Re: Markets Closed for Good Friday

Stalin, Mao and Hitler were also great "centerists" of their day.

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Senior Contributor

Re: Markets Closed for Good Friday

meh...  sidestep, two step , twist and turn as you will. 

 

https://ballotpedia.org/History_of_Donald_Trump%27s_political_donations

 

 

In the end , daddy likes China , he tweeted tough on the China virus and then sidled up to Xi when he needed to , he just knows how to play rubes and both sides and keeps some eating out of his hands.  

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Veteran Advisor

Re: Markets Closed for Good Friday

No agenda here....move along.

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Senior Contributor

Re: Markets Closed for Good Friday

context counts

Pin on Patricia's World

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Honored Advisor

Re: Markets Closed for Good Friday

Here is Rodney Dangerfield in the movie Back to School explaining to a knowitall professor about the REAL cost of doing business..."greasing the palms of politicians"   Smiley Happy     To get a skyscraper built to Democrat run New York City, there was a lot of palms that needed grease.   

https://www.youtube.com/watch?v=uSLscJ2cY04    

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