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Veteran Advisor

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.Smiley Sad

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2 Replies
Friend

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.







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Veteran Advisor

Re: Pretty good bearish

me also,

 

but she sure is getting pressurized - for lack of other words.

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