Soy situation in China improving.

[Palouser]

Cheaper soy has improved cursh margins in China. Marubeni, the Japanese commodity trader that was caught by defaults by Chinese soy importers who hadn't provided letters of credit has made a record quarterly profit anyway, saying they had largely worked out problems with the Chinese companies. Marubeni owns US operations such as Gavilion and Columbia grain.

I consider Marubeni as possibly the most aggressive private commodity trader on the globe.

[425Cat]

Who do you use for a news source Pal??

[marketeye]

Palouser,

I am not sure where this fits into your thinking. But, I ran across a story, yesterday, reporting that China is having a 40-yeear drought. I'm trying to verify if this is in their heavy ag production areas or not.

Mike

[rayjenkins]

Palouser......question

what attributes do you see in M that makes them the most aggressive trader on the planet ??

[jennys_mn]

After 40 years maybe the "drought" is the "norm"

Jen

[Hobbyfarmer]

Jen, You getting paid to surf the web ? 😉

Btw I answered your pm.

I don't think you have to go as far as China for people to think this is the new norm.  West half of Kansas ad Oklahoma are feeling that way too.

[425Cat]

Jen
Do not post and drive the jets at the same time. Lol

[c-x-1]

Palouser, you're finally getting some temp. relief.

have things burned up around your area? - you ok?

[sw363535]

Mike,

How do you know the length of a drought when you are in it?  Or does that mean they have a bad year once every 40??