Everything crashing up

[samhill]

Every grain buyer I talk to is all puckered up like a new inmate sucking on lemons.
Lots of fun, gonna call everyone I know and ask why there not buying, or at least upping the price a little.
Heehaw.

[farming101]

Ya gotta wonder about soybeans. Up 19 and a half on a day when the USD
had a good rally

[agstar77]

Patience my dear Paduan!

[errolanderson]

Chris Robinson CME trader summary of grain and cattle movement / technicals today.

http://tradersexclusive.com/trading_videos/2016/04/money_flow_and_technicals/1519/

[samhill]

There's no wonder about soybeans, S. America crop is short, both Argy and Brazil, especially Brazil. Ig's not like there's a shortage, but lower than market expectations, therefore, world production and tradeable beans are dependent on North America (and China). So throws a monkey wrench into short positions,that experts have been betting on.

[samhill]

In addition, the Brazil safrinha corn crop, and some soys, are hurting due to dry, hot.S. Africa corn crop was dismal. Eu corn was 8mmt short. Does China have a big corn surplus they say they have?
India wheat crop was small. USA winter wheat may have been hurt by cold, and now dry.
Suddenly being short looks less attractive, might have to buy back.
Don't forget, Canada says they will grow pulses and special crops.

[furrowtickler]

Could be a shit show in the Banks starting out of Austria , keep on watch list .

[Braveheart]

Also, Brazil's politics causing their currency to rise making their beans less attractive,to buyers.

[cottonpicken]

What are Brazil's rates at12%?

Funny how currency and export ecomies sometimes say completely different things