c-x-1
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10-12-2014
08:35 PM
Pretty good bearish
V low we made here tonight -- dunno, maybe these expert, or is it exports? - on here have got me confused.....
375 thousand contracts. double the avg/day over the last several years...now that has got me to a thinkin' real hard.
i hope i'm not getting mixed up on the technicals.
2 Replies
quarterhalf
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10-12-2014
09:34 PM
Re: Pretty good bearish
i am not sure we have a low in yet, with a world wide stock to use ratio of 31.9% highest since 1972 we sure do need exports to step up to put a floor in, this doesn't help:
BEIJING, Oct 13 (Reuters) - China, the world's largest soy buyer, imported 5.03 million tonnes of soybeans in September, down 16.6 percent from 6.03 million tonnes in August, figures from the General Administration of Customs of China showed.
BEIJING, Oct 13 (Reuters) - China, the world's largest soy buyer, imported 5.03 million tonnes of soybeans in September, down 16.6 percent from 6.03 million tonnes in August, figures from the General Administration of Customs of China showed.
c-x-1
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10-12-2014
10:16 PM
Re: Pretty good bearish
me also,
but she sure is getting pressurized - for lack of other words.