Grain Market ???

Eric in IL

Well-known Member
How is it that China can withdraw from a previous commitment on a soybean purchase when better (lower) prices develop elsewhere ?
 
China buys what, 60% of the beans sold worldwide?

They get to make the rules that they get to break.....

Paul
 
I have alltogether quit trying to figure out what influences the grain markets. Between the day traders, farm reports, futures markets, contract holders, and foriegn country statements, it has made it near impossible to figure out why the grain market is what it is. I have decided not to hold on to any grain at harvest time. Going to sell all grain over the scale from now on whatever the market is. Gonna let these people that think they are smarter than me buy it and hang on to it and loose money on it like I have seemed to of been doing by holding on to it.
 

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