@bullishboiler 7 boats was the # going in too i believe... and 449kmt flashed lines that up. Physical coverage is not going to make 12mmt pace but paper they have inked closed to that
@BenniKim We dont actually use the Uco we purchase for domestic it is just for re export, especially as us tariff levels already stop domestic use besides for re export…. But sbo is also a very interconnected system…. Check out imports they r all to Usg and only a fraction makes it to CA
Im not saying there will be a deal at all, I was just saying that ag commodities were being discussed in this weeks talks & theres a decent chance its mentioned Friday and its something to look for in corn/wheat. Agree soy structure, especially cash, will be hurting without biz soon
@MisterCommodity Agree to some extent, think holding around 1050 pre harvest w no CN biz is the best SX can do right now...corn and wheat off lows on strong action would seem to align but i dont trade those
@bushelproapp@MisterCommodity They already bought soy thurs-friday and unloaded some yesterday AM they cant know for sure if a deal can be made or not only spin PR as such like Bessent pre mkt yesterday.... will see how today-friday turns out should be interesting